Archive for December 3rd, 2021

Foreign Exchange Insights and Next Week

Next Week’s Menu: December 4 – 10, 2021

December 3, 2021

Central Banks: Monetary policies will be reviewed in Canada, India, Brazil, Australia, Poland, Peru Ukraine and Serbia. Events and Holiday: Meetings of the Eurogroup and Ecofin are scheduled.Spain’s Constitution Day will be observed Monday. November Purchasing Manager Survey Releases: AIG-compiled Australian services sector; construction PMIs for Euroland, Germany, France, Italy and Great Britain; Non-oil PMIs […] More

New Overnight Developments Abroad - Daily Update

Dollar Up Amid More PMI Results and Unexpected U.S. Employment Data

December 3, 2021

The dollar strengthened overnight by 0.3% to within half a percentage point of its 52-week high. The currency is 0.4% higher against the euro but just 0.1% up versus the yen. The price of WTI oil recovered 3.0%, and that of gold rose 0.5%. Ten-year sovereign debt yields have slipped two basis points in the […] More