Foreign Exchange Insights and Next Week

Next Week

November 16, 2018

Central Banks: Monetary policy reviews will occur in Hungary and South Africa. Minutes from the last policy meetings will be released by the European Central Bank and Reserve Bank of Australia. RBA Governor Lowe, BOJ Governor Kuroda, and NY Fed President Williams speak publicly. Holidays and Special Events: Indonesia celebrates the birthday of Muhammed on […] More

Foreign Exchange Heading into the Home Stretch Leg of 2018 Trading

November 13, 2018

The day after tomorrow will complete the 7th eighth of this calendar year. Unlike 2017, the dollar has performed well in 2018 and figures to retail resilience in the home stretch, notwithstanding an historical tendency to fade more often than not in late December. Factors that have buoyed the dollar remain in place. Three increases […] More

Next Week

November 9, 2018

Central Banks: Monetary policy reviews in Indonesia, Thailand, Sri Lanka, Mexico and The Philippines. Quarles, Powell, Kashkari and Evans of the Federal Reserve speak publicly. Holidays and Special Events: U.S. Veterans Day on Monday. Brazil observes Proclamation of the Republic Day on Thursday. President Trump visits Europe to attend the WWI centenary celebration of the […] More

U.S. Mid-Term Election and the Dollar

October 31, 2018

The result of the U.S. election on November 6th can be viewed in binary terms. Either President Trump and the Republican Party will emerge still controlling all three branches of the federal government or political power to some extent will be shared. Because authoritarian leadership tends to become more deeply entrenched as more and more […] More

Next Week

October 26, 2018

Central Banks: Monetary policy reviews in Japan, the U.K., Brazil, China, and the Czech Republic. BOJ publishes quarterly Outlook for Economic Growth and Prices. BOJ Governor Kuroda, Bank of England Governor Carney, Chicago Fed President Evans, and Reserve Bank of Australia Assistant Governor Bullock speak publicly. Holidays, Clock Change, and a 40th Anniversary: Parts of […] More

Next Week

October 19, 2018

Central Banks: Monetary policy reviews at the European Central Bank and in Canada, Russia, Sweden, Norway, Ukraine, Colombia and Turkey. ECB President Draghi, Bank of Canada Governor Poloz, Atlanta Fed President Bostic, and Reserve Bank of Australia Deputy Governor DeBelle and Assistant Governor Boulton will be speaking publicly. The Fed Beige Book, Bank of Canada […] More

U.S. Current Account and The Dollar

October 9, 2018

Reducing the U.S. trade deficit is a centerpiece of President Trump’s economic policy agenda, but the imbalance has been widening in 2018. A $570.5 billion census-basis merchandise trade deficit in January – August was $50.4 billion, or almost 10%, larger than the year-earlier deficit. Bilateral deficits grew each by $21.4 billion with Europe and China. […] More

Next Week

October 5, 2018

Central Banks: Monetary policy reviews in Serbia, Peru, Israel and Argentina. Bostic, Williams and Evans are some of the Fed officials speaking publicly. ECB minutes to be published. Holidays and Special Events: Sports Day in Japan, Columbus Day in the U.S. and Thanksgiving Day in Canada fall on Monday. The Autumn World Bank/IMF meetings run […] More

Next Week

September 28, 2018

Central Banks: Monetary policy reviews in Australia, India, Iceland, Poland, Sri Lanka, Romania and Mexico. Bank of Japan’s quarterly Tankan survey of corporate conditions and expectations will be published Monday. Powell, Mester, Rosengren, Barkin, Evans and Quarles are among the Fed officials speaking in public next week. Holidays and Events: China is shut all week […] More

Next Week

September 21, 2018

Central Banks: An FOMC meeting with updated forecasts and a press conference to follow. Other monetary policy reviews scheduled in The Philippines, Sri Lanka, Indonesia, New Zealand, the Czech Republic, Taiwan, and Colombia. Powell, Barkin, Kaplan and Ramsden of the Fed will be speaking publicly. So will Governors Orr, Kuroda and Poloz of the Reserve […] More