Archive for April 15th, 2016

Foreign Exchange Insights and Next Week

Next Week

April 15, 2016

Central Banks:  Interest rate policy meetings at the ECB and in South Korea, Indonesia, Turkey, Sweden and Ukraine.  The Reserve Bank of Australia releases minutes from its meeting earlier in April.  N.Y. and Boston Fed Presidents Dudley and Rosengren speak publicly.  So do Reserve Bank of Australia Governor Stevens and ECB President Draghi. Events:  World […] More

Central Bank Watch

Peruvian Central Bank Interest Rate Kept at 4.25%

April 15, 2016

Four previous 25-basis point rate increases were implemented last September, December, January and February in response to inflation considerably above the 1-3% target.  April’s was the second straight monthly meeting not to tighten further, and a statement released by monetary officials at the Central Reserve Bank of Peru noted that total and core inflation fell […] More

New Overnight Developments Abroad - Daily Update

Profit-Taking Friday

April 15, 2016

Investors were in a more sober mood at week’s end. The dollar fell back 1.0% against the kiwi, 0.7% relative to the won, 0.5% versus the yen, 0.3% vis-a-vis the Aussie dollar and sterling, and 0.2% against the euro.  The loonie and yuan are unchanged. Share prices in Europe are down 0.8% in Switzerland, 0.6% […] More