Archive for February 9th, 2024

Foreign Exchange Insights and Next Week

Next Week’s Menu: February 10-16, 2024

February 9, 2024

Central Banks: Monetary policies will be reviewed in Russia, Romania and the Philippines. Holiday and Event: The Chinese New Year (of the Dragon) starts tomorrow and runs all week. OPEC oil ministers meet on Tuesday. Scheduled U.S. Releases: Consumer prices, producer prices, import prices, small business sentiment, U. Michigan index of consumer confidence, Philly Fed […] More

New Overnight Developments Abroad - Daily Update

It’s Friday, and Mostly Calm Reigns Over Financial Markets

February 9, 2024

The weighted DXY dollar index is unchanged from Thursday’s close, with downticks of 0.7% against the kiwi and 0.3% versus the Australian dollar and Mexican peso but 0.1% upticks relative to the euro, yen and sterling. The only significant stock market moves so far today involve China and Pakistan. The Shanghai Composite closed up 1.3% […] More

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