Archive for February 1st, 2019

Foreign Exchange Insights and Next Week

Next Week

February 1, 2019

Central Banks: Central banks in Australia, India, Mexico, Thailand, Iceland, Serbia, The Philippines, U.K., Brazil, Poland, the Czech Republic, Romania, Peru, and Russia have scheduled monetary policy reviews next week. The Reserve Bank of Australia’s quarterly Monetary Policy Statement and the Bank of England’s quarterly Inflation Report will be published. RBA Governor Lowe and Bank […] More

Deeper Analysis

U.S. Manufacturing Edge Versus Euro Area Increased Last Month

February 1, 2019

The ISM-compiled U.S. manufacturing purchasing managers index rose 2.3 index points in January, while IHS-compiled counterpart fell 0.9 points. Consequently, the differential between these two data series, which had narrowed from 7.0 points in November to 2.9 index points in December, ballooned back to 6.1 points in January. This strong U.S. advantage exists in spite […] More

New Overnight Developments Abroad - Daily Update

Manufacturing PMIs Convey Global Slowdown for the Most Part

February 1, 2019

Shortly ahead of the release of January U.S. labor market statistics, the dollar is mostly marking time, with no net change against the yen or loonie, downticks of 0.2% against the euro and 0.1% versus the Swiss franc and kiwi, and upticks of 0.6% relative to the yuan, 0.4% vis-a-vis sterling, 0.2% against the Aussie […] More