Foreign Exchange Insights and Next Week
Next Week’s Calendar: May 10-16, 2025
May 9, 2025
Central Banks: Central banks in Mexico and Romania will be reviewing interest rate policies, and a summary of the last Bank of Japan Board meeting will be published. Several Bank of England officials speak publicly, including Breeden, Mann, Greene and Gambardelli. San Francisco Fed President Daly also has a speaking engagement. Special Events: Trade talks […] More
Central Bank Watch
Another Central Bank Rate Cut in Peru
May 9, 2025
The Central Reserve Bank of Peru‘s Board of Directors cut their interest rate by another 25 basis points to 4.5%, three percentage points below the peak of 7.5% that had prevailed from January 2023 until an initial cut in September of that year. In making its latest easing, a released statement notes that “the interest […] More
New Overnight Developments Abroad - Daily Update
Dollar Down Today but Stronger Than a Week Ago
May 9, 2025
In a week that saw the Federal Reserve hold its ground on interest rates and express confidence in the current policy stance, investors were also heartened by some progress in tariff talks that lessened anxiety about a spiraling trade war. The Federal Reserve was but one central bank to review monetary policy during the week. […] More
