Foreign Exchange Insights and Next Week
Pandemic, Economy, and the Dollar
April 6, 2020
Currency market participants are in an unprecedented period whose evolution will be decided foremost by an external factor involving a shock to the system in which even the experts have no first-hand experience. Although medical scientists have considerable familiarity dealing with other coronaviruses, there hasn’t been a respiratory pandemic in the last 102 years to […] More
Central Bank Watch
Israeli Central Bank Rate Cut 15 Basis Points to 0.15%
April 6, 2020
The Bank of Israel’s monetary policy rate has been lowered back to the low of 0.10% that prevailed from January 2015 until a 15-basis point increase in late November 2018. Previously, the rate had crested at 3.25% prior to 2011 but was lowered by 75 basis points per year over four consecutive calendar years through […] More
New Overnight Developments Abroad - Daily Update
Share Prices Up on Hopes that Covid-19 May Be Starting to Lessen
April 6, 2020
Stock markets in the Pacific Rim rallied 4.3% in Australia, 4.2% in Japan and South Korea, 4.1% in Indonesia, 2.2% in Hong Kong, and 1.6% in Taiwan. China and India did not partake in this rebound as those markets were closed Monday for the Ching Ming Festival and Mahavir Jayanti Holiday. Equities in Europe have […] More
