Foreign Exchange Insights and Next Week

Next Week’s Menu: August 15-22, 2020

August 14, 2020

Central Banks: Monetary policy reviews in the Philippines, China, Indonesia, Sri Lanka, Norway and Turkey. Minutes of recent reviews from the Reserve Bank of Australia, Federal Reserve, and European Central Bank will be published. Events and Holidays: The U.S. Democratic Party national convention will run from Monday to Thursday mostly on a virtual basis. Euroland […] More

Interdependence of the Pandemic, the Economy, Dollar, and Gold

August 10, 2020

In this age of uncertainty, one of the most widely believed truths to emerge in 2020 is that future economic performance hinges on the evolution of the pandemic. Countries that contain the virus will be best positioned for sustained economic recovery, and their currencies ought to reflect that advantage. By just about every metric, the […] More

Next Week’s Menu: August 8-14, 2020

August 7, 2020

Central Banks: Monetary policies to be reviewed in New Zealand, Mexico, Serbia, and Peru. Holidays and Special Events: Mountain Day in Japan on Sunday, and a National Holiday in Singapore on Monday. Sometime during the week, U.S. Democratic Party nominee will reveal his preference for VP running mate. Scheduled U.S. Economic Statistical Releases: Quarterly productivity […] More

Next Week’s Menu: August 1 – 7, 2020

July 31, 2020

Central Banks: Monetary policies will be reviewed in Brazil, the U.K., India, Australia, Thailand, Romania, and the Czech Republic. The Bank of England will publish its quarterly Inflation Report, and Governor Bailey will speak publicly on that occasion. Holidays and Special Events: Markets in Canada and India will be closed Monday for a Civic holiday, […] More

Next Week’s Menu: July 27 – 31, 2020

July 24, 2020

Central Banks: The fifth scheduled meeting of the Federal Reserve Open Market Committee is set for Tuesday-Wednesday and will be followed by Chairman Powell’s press conference. Bank of Japan Deputy Governor Amamiya also speaks publicly during the week, and a summary of the last BOJ meeting will get published. Holiday: The Muslim festival of Eid-al-Adha […] More

Next Week’s Menu: July 18-24, 2020

July 17, 2020

Central Banks: Monetary policy reviews in Turkey, Ukraine, South Africa, China and Russia. Minutes to be published of last policy meetings at the Bank of Japan and Reserve Bank of Australia. RBA Governor Lowe speaks publicly. Holidays and Events: Belgium’s National Day holiday on Tuesday. Japan observes Marine Day on Thursday and Sports Day on […] More

Next Week’s Menu: July 11-17, 2020

July 10, 2020

Central Banks: Monetary policy reviews are scheduled at the European Central Bank (ECB), Bank of Japan (BOJ), Bank of Canada and in South Korea, Indonesia, Chile and Poland. BOJ Governor Kuroda, ECB President Lagarde, Bank of Canada Governor Macklem, Swiss National Bank President Jordan, and Bank of England Governor Bailey will be speaking publicly. The […] More

Trade-Weighted Dollar Down About 6% from 2020 High

July 9, 2020

Ever since fixed dollar parities were abandoned in March 1973, analysts have used trade-weighted compilations of bilateral dollar values against other heavily traded currencies to gauge a gestalt of the dollar’s average performance. In one such index created by the Fed at the dawn of the floating dollar era, the dollar has ranged as high […] More

Next Week’s Menu: July 4-10, 2020

July 3, 2020

Central Banks: Monetary policy reviews are scheduled in Australia, Serbia, Sri Lanka, Poland, Romania, Israel and Peru. Quarles, Barkin, Bostic and Daly of the Federal Reserve and Lagarde and Guindos of the European Central Bank will speak publicly. Parliamentary testimony will be given by some Bank of England officials, and the Bank of Canada’s Business […] More

Next Week’s Menu: June 27 – July 3, 2020

June 26, 2020

Central Banks: The Swedish Riksbank has a scheduled monetary review next week. Powell, Brainard, and Williams are some of the top Fed officials with public speaking engagements, and so do Deputy Governor Debelle of the Reserve Bank of Australia and Jonathan Haskel of the Bank of England Monetary Policy Committee. FOMC minutes will be published. […] More