Archive for March 31st, 2017

Foreign Exchange Insights and Next Week

Next Week

March 31, 2017

Central Banks: Interest rate-setting meetings scheduled in Australia, Israel, India, Poland, Romania and Peru. Minutes from the last policy meetings of the Fed FOMC and ECB Governing Council will be published. Tarullo, Harker, and Williams are some of the Fed officials speaking publicly. Bank of Japan Kuroda and Assistant Governor Debelle of the Reserve Bank […] More

Central Bank Watch

Bank of Mexico Tightens Again

March 31, 2017

With the peso trading much better lately, Mexican monetary officials throttled back the size of its incremental hike of the overnight money rate to 25 basis points. However, with inflation still cresting and now above the 2-4% target ┬áin lagged response to the peso’s steep losses prior to U.S. President Trump’s inauguration, further monetary restraint […] More

New Overnight Developments Abroad - Daily Update

Last Day of the Week, Month, Calendar Quarter, and Japanese Fiscal Year

March 31, 2017

Shortly before the release of several U.S. indicators (personal spending and income, the PCE price deflator, the Chicago PMI, and the Reuters/U. Michigan consumer sentiment index) the dollar was unchanged from last night against the euro, yen, Swiss franc, loonie, Aussie dollar and yuan. It had risen 0.3% against the kiwi and 0.1% versus the […] More