Archive for September 23rd, 2022

Foreign Exchange Insights and Next Week

Next Week’s Menu: September 24 -30, 2022

September 23, 2022

Central Banks: Monetary policies will be reviewed in India, Mexico, the Czech Republic, Thailand and Hungary. The Bank of Japan publishes minutes of its Board meeting and also its quarterly Tankan survey of corporate conditions and expectations. Many Fed officials have public speaking engagements including Chairman Powell. ECB President Lagarde and Bank of Japan Governor […] More

New Overnight Developments Abroad - Daily Update

Investors Selling Just About Everything for Dollars

September 23, 2022

The weighted DXY dollar index rose 0.8% overnight and is trading currently near its intra-day level. At that high, DXY was a mere 5.5% below its peak going back to 1985 and 55.5% above its 2008 low. The dollar shows overnight gains of 1.8% against sterling, 1.1% versus the New Zealand dollar, 1.0% relative to […] More