Archive for January 17th, 2020

Foreign Exchange Insights and Next Week

Next Week’s Menu: January 18 – 24, 2020

January 17, 2020

Central Banks: Monetary policies to be reviewed in Indonesia, Japan, Malaysia, Canada, Norway, and at the European Central Bank. People’s Bank of China will decide its loan prime rate for the next month. Bank of Japan publishes minutes from its December meeting and a new quarterly Outlook for Economic Growth and Prices,¬†and Bank of Canada […] More

New Overnight Developments Abroad - Daily Update

Better-than-Expected Batch of Chinese Data Lifts Renminbi

January 17, 2020

The dollar fell 0.3% against China’s renminbi but advanced 0.2% versus the euro, kiwi and Swiss franc and by 0.1% relative to the loonie. The dollar remained steady against the yen, sterling, and Australian dollar. The recent upturn in share prices was extended in the Pacific Basin and Europe, with gains of 0.6% in New […] More