PRESS RELEASE

The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Second Quarter August 10, 2023 NEW YORK—The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the April – June 2023 quarter, the Federal Reserve Bank of New York said today in its quarterly report to the … Continue reading PRESS RELEASE

Federal Reserve sees 30-year and 10-year rates continue to inch up. 15 August 2023, 9:51 pm EST

Foreign exchange. EUR/USD=1.0957 GBP/USD=1.2694 AUD/USD=0.6493 NZD/USD=0.5983 USD/CHF=0.8765 USD/JPY=144.9400 USD/CAD=1.3437 Treasuries. 30-year=4.29% 10-year=4.19% Reference rates. Discount window=5.50% Interest on reserve balances=5.40% Effective federal funds rate=5.33% Overnight reverse repo rate=5.30% Sources: Board of Governors-Federal Reserve System. Federal Reserve Bank of New York. Disclaimer: The data and output from this blog post does not constitute investment or legal advice … Continue reading Federal Reserve sees 30-year and 10-year rates continue to inch up. 15 August 2023, 9:51 pm EST

PRESS RELEASE

The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Second Quarter August 10, 2023 NEW YORK—The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the April – June 2023 quarter, the Federal Reserve Bank of New York said today in its quarterly report to the … Continue reading PRESS RELEASE

What are the foreign exchange rates, Treasury rates, and reference rates as reported by the Federal Reserve on 11 August 2023, 12:18 am EST.

Foreign Exchange EUR/USD=1.1056 GBP/USD=1.2775 AUD/USD=0.6605 NZD/USD=0.6127 USD/CHF=0.8713 USD/JPY=141.7900 Treasuries 30-yr=4.18% 10-yr=4.00 Reference Rates Discount Window=5.50% Interest on Reserve Balances=5.40% Effective Federal Funds Rate=5.33% Overnight Reverse Repo Rate=5.30 Sources: Board of Governors-Federal Reserve System. Federal Reserve Bank of New York. Disclaimer: The data and output from this blog post does not constitute investment or legal advice and … Continue reading What are the foreign exchange rates, Treasury rates, and reference rates as reported by the Federal Reserve on 11 August 2023, 12:18 am EST.

What are the foreign exchange, Treasurys, and interest rates reported by the Federal Reserve as of 8 August 2023, 11:30 pm EST

Foreign exchange EUR/USD=1.1036 GBP/USD=1.2775 AUD/USD=0.6605 NZD/USD=0.6127 USD/CHF=0.8713 USD/JPY=141.7900 Treasurys 30-year=4.27% 10-year=4.09% (Ready to raise your trading game? http://toptiertrader.com/?ref=1449 ) Federal Reserve Monetary Policy Rates Discount Window Rate=5.50% Effective Federal Funds Rate=5.33% Interest on Reserve Balances=5.40% Overnight Reverse Repo Purchase Rates=5.30% Sources: Board of Governors-Federal Reserve System and the Federal Reserve Bank of New York. (Do … Continue reading What are the foreign exchange, Treasurys, and interest rates reported by the Federal Reserve as of 8 August 2023, 11:30 pm EST

How is government managing the currency today, 3 July 2023

Foreign exchange Currency pair x-rates.com OANDA USD/EUR 0.9171 0.9168 USD/GBP 0.7890 0.7877 USD/AUD 1.5035 1.5029 USD/NZD 1.6289 1.6303 USD/CHF 0.8994 0.8957 USD/JPY 144.9275 144.9275 * Rates as of 8:45 am, 3 July 2023 I am taking a different approach to following the foreign exchange markets with an emphasis on how well the Executive (Government) is … Continue reading How is government managing the currency today, 3 July 2023

Central bank digital currencies: Is coining the money the same as digitizing the money?

If converting the analog representation of currency, i.e., a coin or banknote, into discrete units of data (bits) that can be separately addressed (identified or designated) can provide the American public with a financial system it can still have confidence in while maintaining the legitimacy of the government, then Congress could expand on the definition of coining money to include the digitization of money. Continue reading Central bank digital currencies: Is coining the money the same as digitizing the money?

Interbank Market News Scan: As the money supply falls, asset values fall as well…

The few that control financial and natural resources are as much afraid of uncertainty as you or I. Quelling uncertainty requires a model for managing expectations and in a credit-driven political economy that means determining before-hand where interest rates and yields should end up. Continue reading Interbank Market News Scan: As the money supply falls, asset values fall as well…

The Interbank Market News Scan: I expect the euro to continue dropping throughout the day… 8:45 AM EST

Looming in the background is the negative impact a slowed down economy will have on the Biden Administration and to a lesser extent the incumbents in the Congress. As the Biden Administration and the Congress negotiate the debt ceiling, there is the threat that fiscal policy in the form of higher taxes may be offered up as a way to shore up lacking tax revenue. This will also put a crimp on household and business spending. Continue reading The Interbank Market News Scan: I expect the euro to continue dropping throughout the day… 8:45 AM EST