Foreign Exchange Insights and Next Week
Next Week’s Menu: March 6-12, 2021
March 5, 2021
Central Banks: Monetary policies will be reviewed in Canada, Serbia, Peru and at the European Central Bank. ECB President Lagarde, Bank of Canada Governor Macklem, Bank of England Governor Bailey, and Reserve Bank of Australia Governor Lowe are some of the central bankers speaking publicly next week. Events and Holidays: The Chinese National People’s Congress […] More
New Overnight Developments Abroad - Daily Update
Fed’s Inaction on Rising Long-Term Interest Rates Sends Dollar Higher
March 5, 2021
Investors had been hoping to hear some voiced protest against the steepening U.S. yield curve from Fed Chairman Powell’s speech yesterday, but it wasn’t to be. Powell expressed a lack of worry about the development, while reaffirming that Fed tightening is years away even if U.S. employment and price growth outpaces the path assumed by […] More
