Foreign Exchange Insights and Next Week

Next Week

April 19, 2019

Central Banks: Monetary policy meetings in Japan, Canada, Indonesia, Sweden, Russia and Turkey. The quarterly Bank of Japan Outlook for Economic Growth and Prices and the Bank of Canada Monetary Policy Report will be published. Bank of Canada Governor Poloz, Bank of Japan Governor Kuroda, and Swiss National Bank President Jordan will be speaking publicly […] More

Next Week

April 12, 2019

Central Banks: A monetary policy review is scheduled at the Bank of Korea, and minutes from the last Reserve Bank of Australia Board meeting and the Fed’s Beige will be published. Fed officials with public speaking engagements next week include Bullard, Harker, Logan, Kaplan, Rosengren, Bostic and Evans. Governor Carney and Haskell of the Bank […] More

Next Week

April 5, 2019

Central Banks: The European Central Bank heads a list of scheduled central banks that will be reviewing monetary policy next week. Serbia, Peru and Israel are also on that list. Minutes from the FOMC meeting in March will be published. Mersch and Draghi of the ECB, DeBelle of the Reserve Bank of Australia, Fed Vice […] More

Next Week

March 29, 2019

Central Banks: Monetary policy reviews in India, Australia, Poland and Romania. The Bank of Japan publishes the quarterly Tankan survey of corporate conditions and expectations. Bostic and Mester of the Federal Reserve speak publicly. So too will Bank of Canada Governor Poloz. Holidays and Special Notes: China and Hong Kong will be shut Friday for […] More

Less Dollar Volatility in First Quarter Than Meets the Eye

March 25, 2019

Long-time readers of Currency Thoughts have no doubt observed a diminished frequency of  “insight” posts on the dollar in this space. A reason for this is that currency markets in recent years have been dominated by unexpected and abnormal political and policy developments to an even greater extent than usual. Surprise shocks are the bane […] More

Next Week

March 22, 2019

Central Banks: Policy meetings in Mexico, New Zealand, South Africa, Chile, Hungary and the Czech Republic. Many Fed officials have public speaking engagements including Harker, Rosengren, Clarida, Williams, Quarles, Evans, George and Bullard.  ECB President Draghi, Vice President DeGuindos, and Executive Board members Praet and Mersch also will be speaking. So will Ellis and Kent […] More

Next Week

March 15, 2019

Central Banks: In the week of March 18-22, monetary policy reviews are scheduled in the United States, U.K., Switzerland, Iceland, Norway, Russia, Brazil, Colombia, Indonesia, Taiwan, Thailand, and the Philippines. Fed Chairman Powell, Bank of England Governor Carney, SNB President Jordan, and Kent and Bullock of the Reserve Bank of Australia speak publicly. Minutes from […] More

Next Week

March 8, 2019

Central Banks: Monetary policy reviews at the Bank of Japan and National Bank of Ukraine. BOJ Governor Kuroda, Reserve Bank of Australia Assistant Governor DeBelle and Senior Deputy Governor of the Bank of Canada Wilkins will be speaking publicly. Special Events: The U.S. move to Daylight Savings Time on March 10th will cut the time […] More

Next Week

March 1, 2019

Central Banks: Monetary policy reviews at the European Central Bank and in Australia, India, Poland, Malaysia, Turkey, Canada, Serbia, and Canada. Fed Beige Book of regional conditions will be published, and Brainard and Williams are two of the Fed officials speaking publicly. So will ECB President Draghi, Bank of England Governor Carney, Reserve Bank of […] More

Shifting World Image of the United States Not Depressing Dollar Yet

February 25, 2019

The dollar’s external value rarely makes news headlines except in times of extreme strength or, even more common, extreme weakness. Neither extreme characterizes current circumstances, but there it was this past Saturday. The lead left-column front-page story in the New York Times proclaimed, “Staying mighty, dollar fortifies Trump’s power to dictate foreign policy.” The dollar […] More