Archive for September 22nd, 2017

Foreign Exchange Insights and Next Week

Next Week

September 22, 2017

Central Banks: Monetary policy meetings in New Zealand, Mexico, Thailand, Sri Lanka, the Czech Republic, Sri Lanka, and Colombia. Bank of Japan publishes minutes from its July Board meeting and a summary of the September meeting. Various Fed officials will speak publicly including Yellen, George, Rosengren, Harker, Dudley, Evans, Bullard, and Kashkari. Governors of the […] More

Central Bank Watch

Bank Indonesia

September 22, 2017

A follow-up cut in the seven-day reverse repo rate to 4.25% was announced today. An earlier cut a month ago of 25 basis points had been the first reduction since the sixth such move in 2016 was made in October. While easing today, Indonesian monetary officials claimed that their rate had now fallen to their […] More

New Overnight Developments Abroad - Daily Update

Fresh Concern about North Korea and Other Stuff to Watch

September 22, 2017

Escalated saber-rattling between North Korea and the United States drove the dollar lower overnight. The greenback lost 0.6% against the peso, 0.5% versus the yen, loonie and Aussie currency, 0.3% vis-a-vis the euro and 0.2% against the kiwi and Swiss franc. The yuan is steady, and sterling dipped 0.1%. General elections will be held this […] More