Archive for March 18th, 2022

Foreign Exchange Insights and Next Week

Next Week’s Menu: March 19 – 25, 2022

March 18, 2022

Central Banks: Interest rate-setting meetings are scheduled in Switzerland, China, The Philippines, Mexico, Norway, Hungary and South Africa. Bank of Japan minutes will be published. Event: The Council of European Union leaders is meeting late in the week. Scheduled U.S. Economic Data Releases: Quarterly current account and monthly durable goods orders, pending home sales, U. […] More

New Overnight Developments Abroad - Daily Update

A Turn for the Worse in Ukraine-Russian Conflict Sends Dollar Up and Equities Down

March 18, 2022

Hopes had been kindled early this week by reports of progress in cease-fire talks, but those signs have not panned out, and a new worry is that China is moving closer to supporting Putin’s imperialistic ambitions. The Central Bank of Russia did not raise its 20% policy rate further at today’s scheduled review, claiming that […] More