Archive for March 4th, 2022

Foreign Exchange Insights and Next Week

Next Week’s Menu: March 5 – 11, 2022

March 4, 2022

Central Banks: Monetary policy reviews are scheduled in Poland, Uzbekistan, Kazakhstan, Serbia, Peru and most importantly at the European Central Bank. ECB President Lagarde will hold a press conference afterward. Lowe and Bullock of the Reserve Bank of Australia also speak publicly during the week. Scheduled U.S. Releases: Consumer prices, the trade balance, consumer credit, […] More

New Overnight Developments Abroad - Daily Update

Broadly Based Improvement of Dollar and Intensifying Decline of Stock Markets Around the World

March 4, 2022

Shortly before today’s release of February U.S. labor statistics, the dollar was up 0.8% in weighted terms at the peak of its overnight movement and on at its most appreciated levels since May 2020. Individual dollar advances were by 3.5% against the Russian ruble, 1.2% versus the euro, 0.9% relative to the Turkish lira 0.6% […] More