Archive for December 29th, 2023

Foreign Exchange Insights and Next Week

Next Week’s Menu: December 30, 2023 – January 5, 2024

December 29, 2023

Central Banks: The Bank of Israel holds an interest rate-setting meeting, and minutes from the December 12-13 FOMC meeting will be published. Holiday Closures: New Years Day is the most widely observed holiday in the calendar year, and no country of market significance will be open Monday. Some markets like those in New Zealand and […] More

New Overnight Developments Abroad - Daily Update

Yearend

December 29, 2023

On this final business day of 2024, U.S. stock futures are flat, the dollar is mixed, and 10-year sovereign debt yields have risen. The dollar lost 0.9% and 0.5% overnight against the Swiss franc and Chinese yuan but climbed 0.6% versus the Australian dollar, 0.4% relative to the much beleaguered Turkish lira, and 0.3% against […] More

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