Archive for October 23rd, 2020

Foreign Exchange Insights and Next Week

Next Week’s Menu: October 24-30, 2020

October 23, 2020

Central Banks: Monetary policy reviews are scheduled in Japan, Canada, Euroland, Brazil and Colombia. The BOJ meeting coincides with publication of the quarterly Outlook for Economic Growth and Prices and will be followed, as always, by Governor Kuroda’s press conference. Other central bankers speaking in public next week include Bank of Canada Governor Macklem, Swiss […] More

New Overnight Developments Abroad - Daily Update

Dollar Down but Stocks Up After U.S. Presidential Debate and First Glimpse at October PMI Surveys

October 23, 2020

The dollar slipped by 0.4% overnight against the Australian and Canadian dollar, 0.3% relative to the Swiss franc, 0.2% vis-a-vis the peso, kiwi, and euro, and 0.1% versus the yen and yuan. Contrary to the softer trend, the dollar has edged up 0.1% against sterling, and sovereign debt yields and share prices are each firmer. […] More