Foreign Exchange Insights and Next Week
Next Week’s Menu: October 28-November 3, 2023
October 27, 2023
Central Banks: Monetary policies will be reviewed at the Federal Reserve, Bank of Japan, Bank of England as well as at the central banks in Malaysia, Brazil, Egypt, Norway, Armenia, and Kyrgyzstan. Post-decision press conferences will be conducted by Fed Chairman Powell, Bank of England Governor Bailey, and Bank of Japan Governor Ueda. The Bank […] More
New Overnight Developments Abroad - Daily Update
Dollar Strengthens Marginally Further
October 27, 2023
A statement from the Central Bank of Chile justifying a smaller interest rate reduction after today’s scheduled meeting ties a nice bow around the interconnection of the surprisingly resilient U.S. economy, the hawkish Fed stance, geopolitical danger, elevated long-term interest rates, dollar appreciation, and the vulnerability of share prices and developing country currencies. The main […] More
