Foreign Exchange Insights and Next Week
Next Week’s Menu: March 29 – April 4, 2025
March 28, 2025
Central Banks: Monetary policy reviews are scheduled in Colombia, Australia, Poland and the Philippines. The Bank of Japan’s Tankan quarterly survey of corporate conditions and expectations and minutes from the last policy meetings at the European Central Bank and the Bank of Russia will be published. Holidays and Special Events: Eid al-fitr, which marks the […] More
Central Bank Watch
Mexican Central Bank Rate Cut
March 28, 2025
The Bank of Mexico‘s overnight interbank rate has been cut another half percentage point to 9.0%, its lowest level since September 2022. There was a 50-basis point cut at the prior February review of monetary policy and five previous cuts of 25 basis points that began a year ago in March 2024. Mexican CPI inflation […] More
New Overnight Developments Abroad - Daily Update
U.S. Personal Consumption Report and Many European Data Releases
March 28, 2025
Shortly before the release of U.S. personal income, PCE and the PCE price deflator this Friday morning, the dollar was showing overnight advances of 0.3% against the euro and peso, 0.2% versus the the Swiss franc and sterling, and 0.1% relative to the Canadian dollar. The dollar benefited from tariphobia. Uncertainty ahead of next Wednesday’s […] More
