Foreign Exchange Insights and Next Week
Next Week’s Menu: March 13 – 19, 2021
March 12, 2021
Central Banks: Monetary policies will be reviewed next week at the Federal Reserve and in Japan, the U.K., Brazil, Turkey, Indonesia, Norway, Russia and Taiwan. The FOMC will be updating its forecasts at next week’s meeting; updates are done quarterly. The Reserve Bank of Australia and Bank of Japan are scheduled to publish minutes of […] More
New Overnight Developments Abroad - Daily Update
Large Rise in Dollar and Sovereign Debt Yields
March 12, 2021
Yesterday was a momentous day for the Biden Administration. He signed the nearly $1.9 trillion American Rescue Plan on the one-year anniversary of last year’s Covid lockdown and then gave his first prime time address to the nation, setting a goals for vaccinations and a start of permissible family gatherings. Overnight, the trade-weighted dollar climbed […] More
