Archive for December 10th, 2021

Foreign Exchange Insights and Next Week

Next Week’s Menu: December 11 – 17, 2021

December 10, 2021

Central Banks: A cornucopia of monetary policy meetings scheduled next week includes the Federal Reserve, the Bank of Japan, European Central Bank, Bank of England, and monetary authorities in Switzerland, Russia, Turkey, Norway, Hungary, Indonesia, Taiwan, the Philippines, Mexico, Chile and Colombia. Powell, Lagarde, Bailey, Kuroda, Macklem and Lowe are some of the central bank […] More

New Overnight Developments Abroad - Daily Update

Higher Inflation and Disappointing Industrial Production Headline Friday’s Global Economic News

December 10, 2021

The dollar is unchanged compared to late Thursday against the yen, loonie, peso, sterling and measured by the weighted DXY index. The dollar strengthened 0.4% versus the Turkish lira but dipped 0.2% relative to the Swiss franc and o.1% versus the euro and peso. Ten-year U.S. Treasury and British gilt yields have slid four and […] More

Central Bank Watch

Rate Hike at National Bank of Ukraine

December 10, 2021

officials at the National Bank of Ukraine chimed in with their fifth rate hike of 2021, a 50-basis point increase to 9.0% that follows 250 basis points of tightening from the four earlier moves. In a released statement, the Executive Board acknowledges a bigger global wave of inflationary pressures and a slower-than-assumed decline of inflation […] More