Category: foreign exchange

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I don’t expect the EUR/USD to exceed 1.1168 by weekend. That could change, of course.

I don’t expect the EUR/USD to exceed 1.1168 by 3:00 pm Friday, 4 October 2024. My initial assessment is based on the German bund 10-year yield of 2.135% and a U.S. 10-year bond yield of 3.756%, per MarketWatch. Per X-rates.com, the current EUR/USD is 1.1166 as of 9:59 pm EST. (Interested in proprietary trading? Determine … Continue reading I don’t expect the EUR/USD to exceed 1.1168 by weekend. That could change, of course.

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Caribbean foreign exchange rates as of 5:50 pm AST.

USD/XCD=2.7000 USD/BBD=1.9800 USD/TTD=6.7371 USD/JMD=155.6799 USD/BSD=1.0000 USD/GYD=207.9800 No change reported in price of the dollar in terms of select Caribbean currency since this morning. Alton Drew 25 June 2024 Ready for your next trader challenge? Visit https://traderswithedge.com/?r=348. Disclaimer: The data and output from this blogpost does not constitute investment or legal advice and is not a personalrecommendation … Continue reading Caribbean foreign exchange rates as of 5:50 pm AST.

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Retail foreign exchange dealer news scan: Federal Reserve administered and referenced rates as of 8:00 pm EST.

Effective Federal Funds Rate: 5.33% Overnight Bank Funding Rate: 5.32% Secured Overnight Financing Rate: 5.31% Broad General Collateral Rate: 5.30% Tri-Party General Collateral Rate: 5.30% Interest on Reserve Balances: 5.40% Discount Window: 5.50% EUR/USD=7.8118 USD/JPY=157.2800 GBP/USD=1.2685 AUD/USD=0.6617 Sources: Board of Governors-Federal Reserve System. Federal Reserve Bank of New York. Continue reading Retail foreign exchange dealer news scan: Federal Reserve administered and referenced rates as of 8:00 pm EST.

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Retail foreign exchange trader news scan as of 1:30pm AST, Vice-chair Jefferson’s speech focuses on housing policy.

United States. Federal Reserve System. The dollar. Covered interest rate parity. Swaps. Christopher J Waller. ” … there has, for some time, been commentary predicting that the dollar is destined for demise—potentially an imminent demise. Such predictions have not materialized. However, the role of the United States in the world economy is changing, and finance … Continue reading Retail foreign exchange trader news scan as of 1:30pm AST, Vice-chair Jefferson’s speech focuses on housing policy.

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Retail foreign exchange trader news scan: Iranian president is missing …

Iran. Ebrahim Raisi. “Rescue teams are trying to locate Iranian President Ebrahim Raisi after his helicopter was forced into an emergency landing on his way back from a visit to the country’s northwest.” — Bloomberg. Nigeria. Central Bank of Nigeria. naira. “Central bank intervention this week failed to stop slide in Nigeria’s naira to a … Continue reading Retail foreign exchange trader news scan: Iranian president is missing …

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Retail foreign exchange trader news scan as of 9:35 am AST; 4-week moving average ticks up by 2,500

Federal Reserve reference rates Interest on reserve balances: 5.40% Discount window: 5.50% Effective federal funds rate: 5.33% Source: Board of Governors-Federal Reserve System Foreign exchange rates AUD/USD=0.6676 NZD/USD=0.6110 USD/JPY=154.6672 GBP/USD=1.2674 EUR/USD=1.0873 USD/CAD=1.3631 USD/MXN=16.7314 Source: x-rates.com, as of 7:21 am EST Federal Reserve Bank of Minneapolis. Neel Kashkari. Inflation. While at the Williston Basin Petroleum Conference, … Continue reading Retail foreign exchange trader news scan as of 9:35 am AST; 4-week moving average ticks up by 2,500