Foreign Exchange Insights and Next Week
Next Week’s Menu: February 1-7, 2025
January 31, 2025
Central Banks: Monetary policy reviews at the Bank of England, Bank of Iceland, Czech National Bank, National Bank of Poland, Bank of Mexico, and Reserve Bank of India. A summary of the most recent Bank of Japan Board meeting and the Bank of England’s quarterly Monetary Policy Report will be published. BOE Governor Bailey and […] More
Central Bank Watch
Central Bank of Argentina Interest Rate Cut to 39% from 42%
January 31, 2025
The Central Bank of Argentina’s policy interest rate has been reduced another 300 basis points following a similar cut in December, a five percentage point reduction in November and a combined 60 percentage points of easing in the first half of last year. At 39%, the new rate level is down from 126% reached for […] More
New Overnight Developments Abroad - Daily Update
Dollar and Equities Up on Day Before Threatened Tariff Hike
January 31, 2025
The dollar rose overnight by 0.8% against the Mexican peso, 0.4% relative to the yen and won, 0.2% vis-a-vis the Chinese yuan, and 0.1% versus the euro and sterling. Stock markets remained on holiday in China, Taiwan and Hong Kong but rose 1.4% in Singapore. Major European equity indices are up modestly, and U.S. stock […] More
