Foreign Exchange Insights and Next Week

Next Week’s Menu: February 22-28, 2020

February 21, 2020

Central Banks: Interest rate policies to be reviewed in Israel, South Korea, and Hungary. Mester, Clarida, and Evans of the Federal Reserve will be speaking publicly. So too will ECB President Lagarde, Deputy Governor Lane of the Bank of Canada, and both Kataoka and Amamiya of the Bank of Japan. Holidays and Events: Brazil celebrates […] More

Next Week’s Menu: February 15 – 21, 2020

February 14, 2020

Central Banks: Interest rate policies will be reviewed in Turkey, Indonesia, and China. Minutes of the most recent monetary policy meetings to be published by the Fed, European Central Bank, and Reserve Bank of Australia. Brainard, Bostic, Barkin, Kashkari and Clarida are some of the Fed officials with scheduled public speaking events.  Holidays and Special […] More

A U.S. President’s Attitude Toward the Dollar Can Indeed Influence its Performance

February 12, 2020

As a candidate for president and since stepping into that job, Donald Trump has disparaged virtually every aspect of his predecessor’s record including how he handled the economy. And while touting his own record, the U.S. economic performance of the past three years has looked like an extension of the Obama stewardship in several respects. […] More

Coming Week’s Menu: February 8-14

February 8, 2020

Central Banks: Monetary stances will be reviews by central banks in New Zealand, Sweden, Mexico, Peru, and Serbia. Fed Chairman Powell gives his semi-annual two-day congressional testimony on Tuesday-Wednesday, first before the House Financial Services Committee and then in reprise the following day before the Senate Banking Committee. Numerous other central bankers have will speak […] More

Next Week’s Menu: February 1-7, 2020

January 31, 2020

Central Banks: Monetary policy reviews scheduled in Australia, Poland, Russia, India, Thailand, Iceland, Brazil, Romania, and the Czech Republic. The Reserve Bank of Australia will publish its quarterly Monetary Policy Statement. Masai and Wakatabe of the Bank of Japan, Wilkins of the Bank of Canada, Atlanta Fed President Bostic, and Governor Lowe of the Reserve […] More

Next Week’s Menu: January 25-31, 2020

January 24, 2020

Central Banks: The Federal Reserve and Bank of England lead a list of central banks reviewing monetary policy that also includes Chile, Hungary, Sri Lanka, and Ukraine. Fed Chairman Powell and BOE Governor Carney will hold post-meeting press conferences. The Bank of England’s quarterly Inflation Report will be published, and a summary of this month’s […] More

Next Week’s Menu: January 18 – 24, 2020

January 17, 2020

Central Banks: Monetary policies to be reviewed in Indonesia, Japan, Malaysia, Canada, Norway, and at the European Central Bank. People’s Bank of China will decide its loan prime rate for the next month. Bank of Japan publishes minutes from its December meeting and a new quarterly Outlook for Economic Growth and Prices, and Bank of Canada […] More

Thoughts on How the Dollar Might Perform in 2020

January 13, 2020

Lessening Dollar Volatility: Closing quarterly quotes for the euro against the U.S. currency last year painted a tight shot group of $1.1217 in 1Q, $1.1373 at midyear, $1.0900 in the third quarter and $1.1219 at yearend. If one substitutes dollar/mark for EUR/USD for years prior to 1999, the 4.3% spread between the most disparate of […] More

Next Week’s Menu: January 11 – 17th

January 10, 2020

Central Banks: Turkey, South Africa and South Korea are holding scheduled monetary policy reviews. Bank of Japan Branch managers hold a quarterly meeting and will release a report on regional economic conditions. The Federal Reserve’s regional study known as the Beige Book gets published. Minutes from the last European Central Bank Governing Council meeting will […] More

Next Week’s Menu: January 4-10, 2020

January 4, 2020

Central Banks: Monetary policy reviews in Poland, Romania, Israel, Peru and Serbia. ECB top economist Lane speaks publicly as do Governor Poloz and Senior Deputy Governor Wilkins of the Bank of Canada. Fed Vice Chair Clarida, St. Louis Fed President Bollard, and NY Fed President Williams also have public speaking engagements. Purchasing Manager Surveys to […] More