Foreign Exchange Insights and Next Week
Next Week’s Menu: March 9-15, 2024
March 8, 2024
Central Banks: Monetary policies will be reviewed in Armenia and Uzbekistan. Special Events: The U.S. and Canada revert to daylight savings time this Sunday. There will be a meeting of European Union finance ministers. Portugal’s legislative election will be on March 10, and voting in Russia’s presidential election starts on March 15. Scheduled U.S. Economic […] More
New Overnight Developments Abroad - Daily Update
Strongest Euro Since Mid-January
March 8, 2024
Fed Chairman Powell’s depiction of the U.S. economy continues to exert a mildly negative effect on the dollar, which remains firm historically but fell another 0.6% overnight against the yen and to is lowest euro-translation value since mid-January. Powell described the U.S. economy as being in a good place, with comparatively lively growth in GDP […] More
