Foreign Exchange Insights and Next Week
Next Week’s Menu: April 15 – 21, 2023
April 14, 2023
Central Banks: Monetary officials in Indonesia and China will announce monthly decisions regarding their interest rates; neither is expected to change them. The Fed Beige Book and minutes from the last European Central Bank and Reserve Bank of Australia policy meetings get published. Bowman and Waller of the Fed, Lagarde, Guindos, Lane and Schnabel of […] More
New Overnight Developments Abroad - Daily Update
Investors Sensing the Beginning of the End of the Cycle of Rising Central Bank Interest Rates
April 14, 2023
The hope that central bank rates are nearing their peak continues to take some air out of the dollar’s tires. The weighted dollar index touched its lowest level overnight since April 21 of last year and so far has lost a tad over 12% since peaking seven months ago. Compared to Thursday closings, the dollar […] More
