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
