Archive for November 18th, 2022

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