Archive for August 4th, 2017

Foreign Exchange Insights and Next Week

Next Week

August 4, 2017

Central Banks: Monetary policy meetings are scheduled in New Zealand, The Philippines, Mexico, Peru and Serbia. Kashkari, Dudley and Kaplan are some of the Fed officials speaking publicly. So will Reserve Bank of Australia GovernorLowe and Reserve Bank of New Zealand Governor Wheeler. Holidays: A Civic Holiday Monday in Canada. Women’s Day in South Africa […] More

Central Bank Watch

National Bank of Romania

August 4, 2017

NBR Board members agreed to leave Romania’s 1.75% key interest rate unchanged and released a statement that updated macroeconomic forecasts, observed new uncertainties, noted that inflation had risen in June but, at 0.85%, remained below the 2.5% medium-term target, and reiterated confidence that inflation will trend toward that objective. ┬áThe new scenario of the projection […] More

New Overnight Developments Abroad - Daily Update

Dollar and Treasury Yields Lifted by U.S. Jobs Report

August 4, 2017

The dollar rebounded sharply, advancing 1.0% against the euro, 0.8% relative to the yen and sterling, 0.7% versus the loonie, 0.6% vis-a-vis the Australian dollar, 0.5% against the Swiss franc and kiwi, 0.3% versus the peso and 0.2% relative to the yuan. The 10-year Treasury yield climbed six basis points to 2.28% and exerted coattails […] More