Foreign Exchange Insights and Next Week
Next Week
April 13, 2018
Special Events: Semi-annual IMF/World Bank Meetings will be running throughout the week in Washington, DC. Highlights of the gathering will include publication of the World Economic Forum, a press conference on Thursday by IMF Managing Director Lagarde, and a Group of Twenty press conference on Friday. A meeting of EU finance ministers will occur on […] More
Central Bank Watch
Monetary Authority of Singapore’s Semi-Annual Policy Review
April 13, 2018
Monetary policy in Singapore is subordinated to the enforcement of a targeted exchange rate corridor. Officials do this by specifying three variables: the width of the Singapore dollar’s (SGD) prescribed trading corridor, the mid-point of the corridor, and the corridor’s upward or downward slope over time. In the face of downgraded growth and inflation prospects, […] More
New Overnight Developments Abroad - Daily Update
Continuing Uncertainty Over U.S. Trade Policy and Response to Syria
April 13, 2018
Markets mostly marked time so far this Friday, confused by President Trump’s reinterest in the Trans Pacific Partnership and ambiguous tweet regarding the U.S. response to the Syrian government’s chemical attack. Investors now await reports on first-quarter corporate earnings. The dollar was narrowly mixed overnight, firming 0.4% against the Swiss franc, 0.3% relative to the […] More
