Archive for June 23rd, 2017

Foreign Exchange Insights and Next Week

Next Week

June 23, 2017

Holidays: For post-Ramadan celebrations, Indonesia will be closed all week, and India and Singapore are to be shut on Monday. Friday marks the end of June and second quarter. Central Banks: Monetary policy meetings in the Czech Republic and Sri Lanka. A summary of the Bank of Japan’s Board meeting in mid-June will be published. […] More

New Overnight Developments Abroad - Daily Update

Mexican Rate Hike, Some Preliminary PMI Results, and a Trump Revelation

June 23, 2017

Mexico’s key central bank interest rate was hiked by an additional 25 basis points to 7.0%, bringing its cumulative rise to four percentage points from 3% prevailing from October 2014 through the early December 2015. However, Bank of Mexico officials suggested in a statement that no more tightening may be necessary. See review. The peso […] More