National Bank of Armenia
A Good Day for the Dollar but a Bad One for Equities
November 4, 2025
The dollar experience across-the-board appreciation overnight, rising on the weighted DXY basis past the 100.0 for the first time since the end of July and to its strongest such quote since May. Record highs against the Indian rupee elicited intervention support from the Reserve Bank of India, and Japanese Finance Minister Katayama expressed displeasure over […] More
Second Quarter Euroland GDP Growth and Some Central Bank Rate Announcements
July 30, 2024
A 0.6% rebound of the dollar against the Japanese yen was the singular significant movement overnight in the U.S. currency. The 10-year Japanese JGB yield fell two basis points, moving through 1.0% to 0.99%. Comparable U.S. and British sovereign debt yields didn’t change, but the German counterpart edged a basis point higher. More troubling Chinese […] More