Archive for July 6th, 2018

Foreign Exchange Insights and Next Week

Next Week

July 6, 2018

Central Banks: Monetary policy meetings in Canada, South Korea, Malaysia, Poland, Serbia, Ukraine, Israel, and Peru. Fed officials speaking publicly include Bostic and Kashkari. Scheduled U.S. Statistical Releases: Consumer prices, producer prices, import prices, JOLTS index of worker hires and separations, NIFB small business sentiment index, Reuters/U. Michigan consumer sentiment, consumer credit and weekly jobless […] More

New Overnight Developments Abroad - Daily Update

Weaker Dollar as Trade Tensions Intensify

July 6, 2018

The dollar is down today by 0.6% against the euro and kiwi, 0.5% relative to sterling and the Australian dollar, 0.4% versus the Swiss franc, 0.3% against the loonie, and 0.2% versus the yen. The Chinese yuan edged down 0.1%. Yesterday’s FOMC minutes were pretty much a non-event. Today’s monthly U.S. jobs data for June […] More