Archive for January 21st, 2022

Foreign Exchange Insights and Next Week

Next Week’s Menu: January 22-28, 2022

January 21, 2022

Central Banks: The Federal Reserve heads a list of scheduled monetary policy board meetings that also includes South Africa, Canada, Hungary, Chile and Colombia. Fed Chairman will hold a press conference that is expected to prepare investors for the possibility of a rate hike at the following meeting in March. A summary of the this […] More

New Overnight Developments Abroad - Daily Update

Rout of Risky Assets Continues

January 21, 2022

The third week of January has seen relentless selling pressure against riskier financial assets, and Friday is not providing any respite. At next Wednesday’s post-FOMC press conference, Fed Chairman Powell is widely expected to signal a likely rate hike in March and other coming steps to rein in the accommodative policy stance. Equities around the […] More