Foreign Exchange Insights and Next Week

Next Week’s Menu: August 13 – 19, 2022

August 12, 2022

Central Banks: Monetary policy stances will be reviewed in Norway, New Zealand, Turkey, Sri Lanka and the Philippines. Policy meeting minutes will be published by the Federal Reserve and Reserve Bank of Australia. Holiday: Indonesia’s Independence Day on Wednesday. Scheduled U.S. Economic Data Releases: Industrial production, capacity use, retail sales, housing starts, building permits, existing […] More

Next Week’s Menu: August 6 – 12, 2022

August 6, 2022

Central Banks: Monetary policy reviews are scheduled in Peru, Sebia, Thailand and Mexico. Japanese Holiday: Mountain Day on Thursday. Scheduled U.S. Economic Data Releases: Quarterly productivity and unit labor costs. Monthly CPI, PPI, import prices, Fiscal budget deficit, small business sentiment, IBD/TIPP optimism index, and U. Michigan August index of consumer confidence. Weekly chain store […] More

Next Week’s Menu: July 30 – August 5, 2022

July 29, 2022

Central Banks: Monetary policy reviews in the Czech Republic, Australia, U.K., Brazil, India and Georgia. Bank of England Governor Bailey and Reserve Bank of Australia Governor Lowe speak publicly. The quarterly RBA Monetary Policy Statement and Band of England Monetary Policy Report will be published. Monday Holidays: Bank holiday in Australia, Civic Holiday in Canada, […] More

Next Week’s Menu: July 23 -29, 2022

July 22, 2022

Central Banks: Monetary policies are being reviewed in Hungary and the United States. The FOMC is expected to raise the federal funds rate target by another 75 basis points, and Chairman Powell will hold a press conference afterward. Some central banks that link their currency to the dollar, such as the Hong Kong Monetary Authority, […] More

Dollar’s Enjoyed a Stellar First Half Without Typical Currency-Supportive Fundamentals

July 20, 2022

Since the end of 2021, the dollar has appreciated 11.7% against the euro and 20.2% against the yen. Those advances compare highly favorably with the dollar’s January 1 through June 30 movements in the years since the euro was launched in 1999. First-half changes against the euro in the previous six years included declines of […] More

Next Week’s Menu: July 16 – 22, 2022

July 14, 2022

Central Banks: Monetary policy reviews are scheduled next week at the European Central Bank and Bank of Japan and in China, Indonesia, Russia, Turkey, South Africa and Brazil. Central Bankers speaking publicly in the period include ECB President Lagarde, BOJ Governor Kuroda, and Reserve Bank of Australia Governor Lowe. The Bank of Japan’s quarterly Outlook […] More

Next Week’s Menu: June 25 – July 1, 2022

June 24, 2022

Central Banks:  Monetary policy reviews are scheduled in Thailand, Sweden and Hungary. The Bank of Japan will be publishing its quarterly Tankan survey of corporate conditions and expectations, as well as a summary of its most recent Board meeting. Bank of Governor Bailey speaks publicly. Holiday and Events: The annual summit of G7 leaders will […] More

Currently Strong Dollar Levels Against the Yen, Euro and Sterling in the Context of Historical Extremes

June 21, 2022

Dollar/Yen: A dollar high of 136.33 yen earlier constituted its most elevated level since September 1998 when Asia was embroiled in a debt crisis. During 2021, the dollar had strengthened against the yen from a low of 102.6 to 115.1 at the end of the year. The dollar’s historically weakest value against the yen, 75.55, […] More

Next Week’s Menu: June 18 – 24, 2022

June 17, 2022

Central Banks: Monetary policies to be reviewed in China, Euroland, Iceland, Norway, Mexico, Turkey, Georgia, Indonesia, the Czech Republic and the Philippines. Minutes of the prior meetings at the Reserve Bank of Australia and the Bank of Japan will be published. So will results of the Federal Reserve’s annual stress tests of commercial banks. Fed […] More

Next Week’s Menu: June 11 – 17, 2022

June 11, 2022

Central Banks: Fed Chairman Powell, Governor Bailey of the Bank of England, and Governor Kuroda of the Bank of Japan will hold press conferences after their policy reviews. Monetary policies will be also reviewed during the coming week in Taiwan, Brazil, and the Swiss National Bank. Fed Vice-Chair Lael Brainard also speaks publicly this week, […] More

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