Foreign Exchange Insights and Next Week
Next Week’s Menu: March 8-14, 2025
March 7, 2025
Central Banks: Monetary policy reviews are scheduled inb Canada, Poland, Uzbekistan, Serbia and Peru. The Bank of Canada will publish its quarterly Monetary Policy Report with updated forecast, and Governor Macklem will hold a press conference afterward. ECB President Lagarde and Council members Lane, Nagel, De Guindos, and Cipallone will speak publicly. Minutes from the […] More
Central Bank Watch
Central Bank Rate Changes in Turkey, Kazakhstan and Euroland
March 7, 2025
Authorities at the National Bank of Kazakhstan lifted their policy interest rate today by 125 basis points to 16.5%, just 25 basis points south of the past cyclical high of 16.75% from December 2022 until August 2023. The rate had subsequently been cut toa low of 14.25% from June 2024 until a 100-basis point hike […] More
New Overnight Developments Abroad - Daily Update
China Trade Balance, Euroland GDP & Employment Growth, and U.S. Labor Market Situation Data
March 7, 2025
With investors awaiting U.S. jobs figures due in just over a half hour, the dollar’s continues to show a soft tone, touching its lowest levels overnight in 17 weeks against the euro ($1.0871) and in a similar span against the yen of 147.2. Net dollar changes amount to a drop of 0.5% against the euro, […] More
