Foreign exchange rates for the Eastern Caribbean as of 9:10 am AST

Federal Reserve Bank of New York-Central Bank of the U.S. Virgin Islands AUD/USD=0.6423 GBP/USD=1.2397 EUR/USD=1.0655 JPY/USD=0.0065 Eastern Caribbean Central Bank USD/XCD=2.7000 GBP/XCD=3.3679 CAD/XCD=1.9626 EUR/XCD=2.8833 JPY/XCD=0.0175 Central Bank of Barbados USD/BBD=1.9800 GBP/BBD=2.4209 CAD/BBD=1.4417 EUR/BBD=2.0879 Central Bank of Trinidad and Tobago USD/TTD=6.7042 GBP/TTD=8.4069 CAD/TTD=4.9077 EUR/TTD=7.6692 Bank of Guyana USD/GYD=207.98 GBP/GYD=256.02 CAD/GYD=151.41 EUR/GYD=221.04 Sources: Board of Governors-Federal Reserve … Continue reading Foreign exchange rates for the Eastern Caribbean as of 9:10 am AST

Foreign exchange rates: Eastern Caribbean as of 11:14 am AST

Board of Governors-Federal Reserve System AUD/USD=0.6478 GBP/USD=1.2457 EUR/USD=1.0647 JPY/USD=0.0065 Eastern Caribbean Central Bank USD/XCD=2.7000 GBP/XCD=3.3679 CAD/XCD=1.9626 EUR/USD=2.8833 JPY/USD=0.0065 Central Bank of Barbados USD/BBD=1.9800 GBP/BBD=2.4368 CAD/BBD=1.4332 EUR/BBD=2.0855 Central Bank of Trinidad and Tobago USD/TTD=6.7260 GBP/TTD=8.3868 CAD/TTD=4.8987 EUR/TTD=7.1288 Bank of Guyana USD/GYD=207.98 CAD/GYD=151.18 GBP/GYD=258.81 EUR/GYD=221.52 Sources: Board of Governors-Federal Reserve System, Eastern Caribbean Central Bank, Central Bank … Continue reading Foreign exchange rates: Eastern Caribbean as of 11:14 am AST

Foreign exchange rates, Eastern Caribbean and United States. 1:23 am AST

Federal Reserve System-United States Virgin Islands AUD/USD=0.6478 GBP/USD=1.2457 EUR/USD=1.0647 JPY/USD=0.0065 Eastern Caribbean Central Bank USD/XCD=2.7000 GBP/XCD=3.3679 CAD/XCD=1.9626 EUR/XCD=2.8833 Central Bank of Barbados USD/BBD=1.9800 GBP/BBD=2.4410 CAD/BBD=1.4342 EUR/BBD=2.0910 Central Bank of Trinidad and Tobago USD/TTD=6.2042 CAD/TTD=5.7145 GBP/TTD=8.2640 EUR/TTD=2.3943 Bank of Guyana USD/GYD=207.98 CAD/GYD=151.1 GBP/GYD=258.81 EUR/GYD=221.64 Sources: Board of Governors-Federal Reserve System, Eastern Caribbean Central Bank, Central Bank … Continue reading Foreign exchange rates, Eastern Caribbean and United States. 1:23 am AST

Foreign exchange rates. Eastern Caribbean and Federal Reserve as 8:03 am AST

Federal Reserve AUD/USD 0.6478 GBP/USD 1.2457 EUR/USD 1.0647 USD/JPY 153.1200 Eastern Caribbean Central Bank USD/XCD 2.7000 AUD/XCD 1.7345 GBP/XCD 3.3670 JPY/XCD 0.0175 EUR/XCD 2.8728 CAD/XCD 1.9553 Central Bank of Barbados USD/BBD 1.9800 GBP/USD 2.4372 CAD/BBD 1.4289 EUR/BBD 2.0821 Sources: Eastern Caribbean Central Bank, Central Bank of Barbados, Board of Governors-Federal Reserve System. Continue reading Foreign exchange rates. Eastern Caribbean and Federal Reserve as 8:03 am AST

So much for a rate cut as CPI increases 3.2% year over year. Dollar apparently strengthens …

Hopes for a rate cut any time soon appear dashed as the Consumer Price Index increased 0.4% in February and 3.2% over the last 12 months. The dollar apparently strengthened on the news. Here are the new rates, as of 8:30 am today that facing the Atlanta international community. USD/JPY=147.7863 EUR/USD=1.0917 USD/MXN=16.8123 USD/INR=82.7776 Source: x-rates.com … Continue reading So much for a rate cut as CPI increases 3.2% year over year. Dollar apparently strengthens …

Dollar weakens after Powell’s testimony to Congress. Was it something he said?

Around 6:31 am yesterday, approximately three and one-half hours prior to Federal Reserve Board chairman Jerome Powell’s testimony before the U.S. House Committee on Financial Services, the price of the U.S. dollar in terms of the euro, British pound, Japanese yen, Canadian dollar, and the Eastern Caribbean dollar was as follows: USD/EUR=0.9193 USD/GBP=0.7858 USD/JPY=149.7394 USD/CAD=1.3582 … Continue reading Dollar weakens after Powell’s testimony to Congress. Was it something he said?

On the eve of Super Tuesday, Trump gets a major U.S. Supreme Court victory …

It is 10:09 pm EST and the USD/JPY is trading at 150.4809 and the AUD/USD is at 0.6502. Former U.S. president Donald J. Trump got a victory in the U.S. Supreme Court where the court held that the state of Colorado did not have the authority to remove a federal candidate from their primary election … Continue reading On the eve of Super Tuesday, Trump gets a major U.S. Supreme Court victory …

Again, foreign exchange and bond yields looked flat today and I wonder if the US really wants lower rates.

The pound-dollar and euro-dollar were flat today, 27 February 2024, with the dollar yen making the biggest move between 9:14 am and 4:15 pm. According to data I obtained from Bloomberg, the GBP/USD increased three pips, from 1.2682 to 1.2685. The EUR/USD decreased four pips, from 1.0848 to 1.0844. The USD/JPY increased 1600 pips moving … Continue reading Again, foreign exchange and bond yields looked flat today and I wonder if the US really wants lower rates.

A quiet day yesterday in the United States as foreign exchange markets got ready for Asia to open.

10-year bond yield and currency data from Bloomberg paint a quiet day in those markets. The GBP/USD stayed flat between 9:30 am to 4:15 pm with the rate going from 1.2686 to 1.2684. The EUR/USD was flat as well with ever so slight dollar weakening from 1.0847 to 1.0851 this afternoon. The Japanese yen demonstrated … Continue reading A quiet day yesterday in the United States as foreign exchange markets got ready for Asia to open.