Archive for April 16th, 2021

Foreign Exchange Insights and Next Week

Next Week’s Menu: April 17 – 23, 2021

April 16, 2021

Central Banks: Monetary policy reviews are scheduled at the European Central Bank and in Canada, Indonesia, Russia, and Israel. The People’s Bank of China sets its loan prime rates for the coming month, and the Reserve Bank of Australia publishes minutes of its last policy meeting. ECB President Lagarde and Govenors Macklem of the Bank […] More

New Overnight Developments Abroad - Daily Update

More Evidence of Economic Recovery, Reviving Inflation, and Persistent Covid

April 16, 2021

Friday finds the dollar a touch softer, with overnight dips of 0.3% against the Swiss franc and kiwi, 0.15% relative to the U.S. currency’s weighted index, and 0.1% vis-a-vis the euro. The dollar also has firmed 0.6% against the Turkish lira, 0.2% versus the loonie and 0.1% against the yen and Australian dollar. The 10-year […] More