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
