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. The 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
