Monday , December 23 2024
Home / Tag Archives: U.S. Philadelphia Fed Index

Tag Archives: U.S. Philadelphia Fed Index

FX Daily, August 18: US Dollar Pushed Lower, but Do FOMC Minutes Really Trump Dudley?

Swiss Franc A bad day for the dollar means a good day for CHF, that appreciates against both euro and dollar. Click to enlarge. FX Rates It is not a good day for the US dollar. It is being sold across the board. The seemingly dovish FOMC minutes released late yesterday appears to have gotten the ball rolling. The takeaway for many was that any officials wanted more time to assess the data at the July meeting. The...

Read More »