Archive for July 17th, 2020

Foreign Exchange Insights and Next Week

Next Week’s Menu: July 18-24, 2020

July 17, 2020

Central Banks: Monetary policy reviews in Turkey, Ukraine, South Africa, China and Russia. Minutes to be published of last policy meetings at the Bank of Japan and Reserve Bank of Australia. RBA Governor Lowe speaks publicly. Holidays and Events: Belgium’s National Day holiday on Tuesday. Japan observes Marine Day on Thursday and Sports Day on […] More

New Overnight Developments Abroad - Daily Update

Dollar Slides Close to Five-Week Low

July 17, 2020

Throughout the Covid-19 pandemic, the dollar has usually thrived on any worrisome developments in the outbreak but not lately. The trade-weighted dollar appears headed for its fourth consecutive weekly loss despite record daily increases over the past 24 hours in global new cases (253k) and new U.S. reported cases of 77k. In that span, 5,839 […] More