Archive for July 31st, 2020

Foreign Exchange Insights and Next Week

Next Week’s Menu: August 1 – 7, 2020

July 31, 2020

Central Banks: Monetary policies will be reviewed in Brazil, the U.K., India, Australia, Thailand, Romania, and the Czech Republic. The Bank of England will publish its quarterly Inflation Report, and Governor Bailey will speak publicly on that occasion. Holidays and Special Events: Markets in Canada and India will be closed Monday for a Civic holiday, […] More

New Overnight Developments Abroad - Daily Update

Weak Data, More Coronavirus Cases, and Concern Over Trump’s Wish to Delay November’s Election

July 31, 2020

In spite of overnight dollar gains of 0.5% against the Swiss franc, Mexican peso, and New Zealand dollar and a rise of 0.2% relative to the yen and Australian dollar, the U.S. currency suffered through July and seems likely to post its biggest trade-weighted loss in almost ten years. Compared to Thursday’s close, the dollar […] More