Archive for May 21st, 2021

Foreign Exchange Insights and Next Week

Next Week’s Menu: May 22 – 28, 2021

May 21, 2021

Central Banks: Monetary policies will be reviewed in South Korea, New Zealand, Indonesia and Hungary. Bank of Japan Governor Kuroda and Reserve Bank of New Zealand Governor Orr speak publicly. Holidays and Special Events: Whit Monday to be observe in several European countries such as Germany, Switzerland and Norway. Victoria Day also falls on Monday […] More

New Overnight Developments Abroad - Daily Update

Dollar and Equities Strengthened Overnight

May 21, 2021

Preliminary May purchasing manager survey findings for Euroland show a 39-month composite index high despite marginally slower growth in manufacturing due to intensifying supply chain delays. Service sector activity is benefiting from a relaxation of Covid restrictions, and overall optimism regarding the one-year outlook remained high in May in spite of higher inflation. The French […] More