Foreign Exchange Insights and Next Week

A Favorable Dollar Outlook

November 18, 2019

The dollar has performed well for nearly two years now, advancing by around 9.5% compared to its January 2018 low on a trade-weighted basis against other major traded currencies. Relative to specific currencies in that span, the greenback has appreciated 12.0% against the euro, 11% versus the Chinese yuan, 9.2% vis-a-vis sterling, and 5.1% against […] More

Next Week’s Menu: November 16-22

November 15, 2019

Central Banks: Monetary policies to be reviewed in Indonesia, Hungary, China and South Africa. Policy meeting minutes to be published by the Fed, Reserve Bank of Australia, and European Central Bank. Reserve Bank of Australia Governor Lowe, Bank of Canada Governor Poloz, and ECB President Lagarde will be speaking publicly. Special Events and Holidays: A […] More

Next Week’s Menu: November 9-15

November 8, 2019

Central Banks: Monetary policy reviews are scheduled next week in New Zealand, Sri Lanka, the Philippines and Mexico. Fed Chairman Powell gives two days of testimony on the U.S. economic outlook, appearing Wednesday before the Senate Economic Committee and Thursday before the House Budget Committee. Other Fed officials speaking in public during the week include […] More

Next Week’s Menu: November 2-8, 2019

November 2, 2019

Central Banks: Monetary policy meetings scheduled in the U.K., Peru, India, Australia, Czech Republic, Romania, Poland, Iceland, Thailand, Malaysia and Serbia. Bank of Japan Board minutes and Reserve Bank of Australia’s quarterly Statement on Monetary Policy to be published. Following Fed officials to speak publicly: Barkin, Bostic, Williams, Evans, Kaplan, and Daly. ECB President Lagarde […] More

Next Week’s Menu: October 19-26

October 18, 2019

Central Banks: Monetary policy reviews in Euroland, China, Ukraine, Russia, Turkey, Sweden, Norway, Indonesia, Hungary and Chile. The ECB Governing Council meeting will be the last chaired by Draghi. Kent of the Reserve Bank of Australia and Handane of the Bank of England also speak publicly. The Bank of Canada publishes its business outlook survey. […] More

Still Waiting for a Broad and Sustained Dollar Decline

October 15, 2019

Many forecasters had expected a downward break in the dollar this year. It didn’t happen, and only a fifth of the year remains. Compared to a year ago, the dollar shows a double-digit decline against the euro and rises of about 3% relative to sterling and the Chinese yuan versus a dip of less than […] More

Next Week’s Menu: October 12-18

October 11, 2019

Central Banks: The Bank of Korea has a scheduled monetary policy review, and the Federal Reserve Beige Book and minutes from this month’s Reserve Bank of Australia Board meeting get published. Fed district presidents Bostic, Kaplan, Bullard and Evans are some of the U.S. central bank officials with public speaking opportunities during the week. Foreign […] More

Next Week’s Menu: October 5-11

October 4, 2019

Central Banks: Monetary policy meetings in Serbia, Peru, Israel and Sri Lanka. Minutes to be released from the most recent Federal Reserve and European Central Bank policy reviews. Powell, George, Evans and Kashkari are some to the Fed officials speaking publicly next week, and Bank of England Carney and Bank of Japan Board member Amamiya […] More

Next Week: September 28-October 4, 2019

September 27, 2019

Central Banks: Monetary policy reviews are planned in Australia, India, Poland, Romania, and Iceland. The Bank of Japan’s influential quarterly Tankan survey of corporate conditions and expectations will be published, and so will a summary of this month’s BOJ Board meeting. A slew of Fed officials with public speaking engagements next week features Chairman Powell […] More

Next Week’s Menu (September 21-27, 2019)

September 20, 2019

Central Banks: Monetary policies to be reviewed in New Zealand, Hungary, the Czech Republic, Thailand, Mexico and the Philippines. Minutes from the Bank of Japan’s July Board meeting get published. Williams, Kaplan, Kashkari, and Bullard of the Fed speak publicly, and so do BOJ Governor Kuroda, Bank of England Governor Carney, and Masai of the […] More