Tag: gbp/usd

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Foreign exchange rates for the Eastern Caribbean as of 9:40 am AST

Ready for your next trader challenge? Visit https://traderswithedge.com/?r=348 Federal Reserve Bank of New York-Central Bank for the U.S. Virgin Islands AUD/USD=0.6423 GBP/USD=1.2397 EUR/USD=1.0655 JPY/USD=154.5500 Source: Board of Governors-Federal Reserve System Eastern Caribbean Central Bank USD/XCD=2.7000 GBP/XCD=3.3679 CAD/XCD=1.9626 EUR/XCD=2.8833 JPY/XCD=0.0175 Source: Eastern Caribbean Central Bank Central Bank of Barbados USD/BBD=1.9800 GBP/BBD=2.4399 CAD/BBD=1.4450 Source: Central Bank of … Continue reading Foreign exchange rates for the Eastern Caribbean as of 9:40 am AST

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Foreign exchange, fed funds futures, and bond yields as of 9:35 am EST

The takeaway …. The Federal Open Market Committee is expected to announce no change in the target range for the federal funds overnight rate. The current target range is 5.25-5.50%. The federal funds rate is the rate banks charge for lending their reserves to each other overnight. The current effective (weighted) rate is approximately 5.33%. … Continue reading Foreign exchange, fed funds futures, and bond yields as of 9:35 am EST

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Biden supports a two-state solution for Israel and Palestine.

At 10:06 am as President Joe Biden began delivering remarks from Tel Aviv, the EUR/USD was 1.05475 and GBP/USD was 1.21622. Mr Biden reiterated that the United States supported Israel; that the Jewish state would not stand alone. Mr Biden also noted that the United States saw no higher priority than getting back American hostages. … Continue reading Biden supports a two-state solution for Israel and Palestine.

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What foreign exchange, Treasuries, and reference rates is the Federal Reserve looking at on 15 August 2023, 12:16 am 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 Treasuries. 30-year=4.27% 10-year=4.16% 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. (Ready for another challenging trade? https://traderswithedge.com/?r=348 ) Disclaimer: The data and output from this blog post does … Continue reading What foreign exchange, Treasuries, and reference rates is the Federal Reserve looking at on 15 August 2023, 12:16 am EST

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What are the foreign exchange, Treasuries, and overnight reference rates as reported by the Federal Reserve on 13 August 2023, 4:39 PM

Foreign exchange rates. EUR/USD=1.1036 GBP/USD=1.2775 AUD/USD=0.6605 NZD/USD=0.6127 USD/CHF=0.8713 USD/JPY=141.7900 Treasuries. 30-year=4.24% 10-year=4.09% Overnight reference rates. Discount window rate=5.50% Interest on reserve balances=5.40% Effective federal funds rate=5.33% Overnight reverse repo rates=5.30% Disclaimer: The data and output from this blog post does not constitute investment or legal advice and is not a personal recommendation from Alton Drew.  Nothing … Continue reading What are the foreign exchange, Treasuries, and overnight reference rates as reported by the Federal Reserve on 13 August 2023, 4:39 PM

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Interbank market news scan: Last week’s expectation of no Fed rate hike accompanied a lack of volatility in the foreign exchange market.

Last week, the Federal Open Market Committee of the Federal Reserve System decided to keep the target range for the federal funds rate between 5.00% and 5.25%. As the foreign exchange markets got closer to the 14 June 2023 decision, spreads in trade of EUR/USD, GBP/USD, USD/JPY, and AUD/USD got closer between 12 and 13 … Continue reading Interbank market news scan: Last week’s expectation of no Fed rate hike accompanied a lack of volatility in the foreign exchange market.