Foreign Exchange Insights and Next Week
Next Week’s Menu: November 19 – 26, 2022
November 18, 2022
Central Banks: Monetary policy reviews are scheduled next week in Turkey, Sri Lanka, South Africa, Iceland, Sweden, South Korea, New Zealand, Israel, and Hungary. FOMC minutes will be published Wednesday. Bostic and Mester of the Fed have public speaking engagements, and so do Governors Orr and Lowe of the Reserve Banks of New Zealand and […] More
New Overnight Developments Abroad - Daily Update
Somewhat Softer Dollar but Equities and Sovereign Debt Yields Ending Week on Front Foot
November 18, 2022
In overnight foreign exchange action, the dollar fell 1.0% against the kiwi, 0.7% relative to sterling, 0.6% against the Chinese yuan, 0.5% versus the Australian dollar, 0.3% against the Japanese yen and 0.2% against the euro. The DXY dollar index, where the USD/EUR relationship dominates, also edged down 0.2%. U.S. stock futures point to a […] More
