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April 21, 2021
A cabinet reshuffle in Turkey has depressed the lira 0.5% against the dollar to a 10-day low. Overall, the U.S. currency shows limited and mixed overnight movement with upticks of 0.3% versus the Swiss franc, 0.2% relative to the euro and 0.1% vis-a-vis sterling, no net change against the Japanese yen or Chinese yuan, but […] More
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
April 20, 2021
Monday’s drop in share prices has been extended amid concerns about the pandemic and higher inflation. Stocks closed down 2.0% in Japan, 0.7% in Australia and New Zealand, 0.6% in Singapore and 0.1% in China. Losses so far in Europe range between 0.8% and 2.0% in Switzerland, Germany, the U.K., France, Italy and Spain, and […] More
Tags: Bank Indonesia, British labor statistics, German producer prices, People's Bank of China loan prime rate
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
April 19, 2021
The dollar kicked off this third week of April with a 0.5% decline on a weighted basis overnight. The U.S. currency lost 0.7% against the Swiss franc, 0.6% versus the yen, Australian and New Zealand dollars, 0.5% relative to sterling, and 0.4% against the euro and Mexican peso. To some extent, the dollar’s slippage may […] More
Tags: Euroland current account, Japanese trade balance, Treasury Report on foreign exchange
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
April 16, 2021
Friday finds the dollar a touch softer, with overnight dips of 0.3% against the Swiss franc and kiwi, 0.15% relative to the U.S. currency’s weighted index, and 0.1% vis-a-vis the euro. The dollar also has firmed 0.6% against the Turkish lira, 0.2% versus the loonie and 0.1% against the yen and Australian dollar. The 10-year […] More
Tags: Chinese GDP growth, Euroland CPI and trade surplus
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
April 15, 2021
The uncertain delayed roll-out of the J&J one-shot Covid vaccine is creating consternation, especially in light of high rates of new cases in many places. The National Bank of Ukraine’s policy interest rate was raised a full percentage point to 7.5%. This was the second straight tightening and twice the size of the initial 50-basis […] More
Tags: Bank of Korea, Central Bank of Turkey, National Bank of Ukraine, U.S. retail sales and industrial production
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
April 14, 2021
The dollar fell 0.7% overnight against the New Zealand dollar and 0.5% relative to the Turkish lira and Australian dollar. But more senior dollar relationships such as the euro, yen, Swiss franc, sterling, and yuan, the dollar is barely changed and down just 0.1% in weighted terms. For the first time in years, markets have […] More
Tags: Euroland industrial production, Japanese machinery orders, National Bank of Belarus, U.S. import prices
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
April 13, 2021
U.S. consumer prices rose 0.6% last month, which was marginally more than forecast and the largest month-on-month increase in 103 months. The 2.6% 12-month increase in the CPI was 0.9 percentage points more than in February and constitutes a 31-month high. The energy component advanced 5.0% on month and 13.2% on year, but non-energy service […] More
Tags: Chinese trade surplus, German ZEW Institute sentiment indices, National Bank of Serbia, U.S. CPI
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
April 12, 2021
On a Monday with few data releases, the dollar has slipped 0.3% against the yen and sterling, 0.2% relative to the Mexican peso, and 0.1% versus the euro, Swiss franc, Australian dollar, Chinese yuan and against its weighted DXY index. Fed Chairman Powell gave an upbeat interview aired Sunday night on 60 minutes in which […] More
Tags: Euroland retail sales, Japanese PPI, Powell 60 minutes interview
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
April 9, 2021
The dollar rebounded 0.2% against its weighted index overnight from a 2-week low. One boost came from a five-basis point rise of the ten-year U.S. Treasury yield, even though other comparable sovereign debt yields also advances strongly. The dollar rose 0.4% against the yen, 0.3% versus the Mexican peso, 0.2% vis-a-vis the Swiss franc and […] More
Tags: Canadian labor statistics, German and French industrial production, U.S. PPI
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
April 8, 2021
The dollar is trading 0.2% lower against its DXY weighted index and versus the loonie, Swiss franc, sterling, Turkish lira and Mexican peso. Larger drops include losses of 0.6% versus the yen, 0.5% against the kiwi and yuan, and 0.4% vis-a-vis the New Zelanad dollar. No net change against the euro limited the weighted dollar’s […] More
Tags: Central Bank of Sri Lanka, Euroland producer prices, FOMC Minutes, German industrial orders, Japanese current account, National Bank of Poland
Posted in New Overnight Developments Abroad - Daily Update | No Comments »
