Archive for September 1st, 2023

Foreign Exchange Insights and Next Week

Next Week’s Menu: September 2 – 8, 2023

September 1, 2023

Central Banks: Monetary policies will be reviewed in Malaysia, Australia, Canada, Poland and Serbia. ECB President Lagarde, Bank of Canada Governor Macklem, and Reserve Bank of Australia Governor Lowe speak publicly. The Fed Beige Book of U.S. regional economic conditions will be published. Holidays: U.S. and Canada observe Labor Day on Monday. More August Purchasing […] More

New Overnight Developments Abroad - Daily Update

September Kicks Off With a Mix of Better-than-Expected and Weaker-than-Expected Data

September 1, 2023

The dollar’s been well bid today, with gains of 0.6% against the Australian currency and Mexican peso, 0.5% versus the euro, sterling, yen, loonie, and ruble, 0.4% relative to the kiwi, and 0.2% vis-a-vis the Swiss franc. The price of oil jumped another 1.7%, while that of bitcoin declined 0.3%. Ten-year sovereign debt yields were […] More