Japanese machinery orders and trade balance
Central Bank News and Released Data Share Wednesday’s Spotlight
May 22, 2024
The dollar continues to trade buoyantly, firming overnight by 0.3% against the yen, 0.4% versus the Swissy, and 0.2% relative to the euro and Canadian dollar. Ten-year sovereign debt yields are higher, led by an 11-basis point jump in British gilts following higher-than-projected CPI inflation last month of 2.3% but also including rises of six […] More
Dollar Rebound Extended 0.3%
February 17, 2021
The dollar is 0.3% stronger on an effective trade-weighted basis. It is up 0.4% against the euro and near the day’s high and touched a 5-month high of 106.22 Japanese yen overnight. The reviving dollar reflects climbing long-term U.S. interest rates as investors are betting on the Congress approving a pandemic relief package of around […] More
Dollar’s Value Erodes Gradually Further
August 19, 2020
Overnight the dollar lost another 0.5% against sterling and the kiwi, 0.3% relative to the Australian dollar, 0.2% relative to the peso and yuan, and 0.1% vis-a-vis the yen and loonie. But EUR/USD held steady, and the Swiss franc lost 0.3%. Ten-year sovereign debt yields have settled back three basis points in the U.K., two […] More
