Archive for May 19th, 2023

Foreign Exchange Insights and Next Week

Next Week’s Menu: May 20 – 27, 2023

May 19, 2023

Central Banks: Monetary policy reviews are scheduled in Turkey, South Korea, Indonesia, New Zealand, South Africa, Iceland and Hungary. Minutes from the last FOMC meeting will be published. Special Events: U.S. debt ceiling talks, which were unilaterally paused today by the Republican negotiators, will presumably resume at some point in the coming week and draw […] More

New Overnight Developments Abroad - Daily Update

Dollar a Bit Weaker

May 19, 2023

The dollar is 0.8% and 0.6% weaker today against the New Zealand and Australian currencies and has also settled back 0.4% against the Chinese yuan, 0.3% versus the Swiss franc, 0.2% relative to the euro and sterling and 0.1% relative to the Canadian dollar and Mexican peso. European equity advances so far this Friday range […] More