Archive for April 22nd, 2016

Foreign Exchange Insights and Next Week

Next Week

April 22, 2016

Central Banking:  Interest rate policy meetings are scheduled in the U.S., Japan, Russia, Brazil, New Zealand and Hungary.  Governor Poloz of the Bank of Canada and President Jordan of the Swiss National Bank speak publicly. Holiday Closures:  Monday in Australia for Anzac Day and Friday in Japan for Showa Day, the of four Golden Week […] More

New Overnight Developments Abroad - Daily Update

A Weak Yen and Lackluster PMI Reports

April 22, 2016

The yen has declined 1.0% on balance against the dollar on unconfirmed reports that the Bank of Japan will announce fresh stimulus next week including the expansion of sub-zero interest rates to its lending to banks. Against other currencies, the dollar lost 0.5% against sterling and by 0.2% relative to the loonie and Aussie dollar.  […] More