Archive for August 24th, 2018

Foreign Exchange Insights and Next Week

Next Week

August 24, 2018

Central Banks: Monetary policy reviews in Iceland, Israel and South Korea. The annual central banking symposium in Jackson Hole, WY winds up on August 25th. Bank of Governor Poloz and Bank of Japan Board member Susuki speak publicly. British Holiday: Late summer bank holiday on August 27. Scheduled U.S. Economic Data Releases: GDP, personal income […] More

New Overnight Developments Abroad - Daily Update

Dollar Down, Stocks Mixed Ahead of Powell’s Speech at Jackson Hole

August 24, 2018

The dollar posted overnight declines of 0.7% against the Aussie currency, 0.5% relative to the Chines yuan, 0.4% against the kiwi, 0.3% vis-a-vis the euro and sterling, 0.2% versus the Mexican peso and Swiss franc and 0.1% relative to the loonie. Share prices in the Pacific Rim rose 0.9% in Japan, 0.5% in South Korea, […] More