Archive for March 12th, 2021

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