The dollar traded just around half a cent above a record low of $1.3680 per euro and touched another 26-year low against the British pound on Tuesday as investors looked ahead to central bank meetings in Europe later this week. Whereas the Bank of England is expected to hike interest rates to 5.75%, the European Central Bank will likely take a break in tightening cycle this time, but will probably signal further rate rises are ahead. Another data highlighting slowdown of U.S. housing market and a modest drop in U.S. factory orders also weighed on the dollar.
The Czech crown hit a fresh 15-month low against the euro in a quiet trade yesterday.
FX RATES | |
USD/CZK | 21.080/110 |
USD/GBP | 2.0192/97 |
EUR/CHF | 1.6555/60 |
EUR/CZK | 28.730/760 |
USD/YEN | 122.31/34 |
EUR/GBP | 0.6746/49 |
EUR/USD | 1.3624/27 |
EUR/YEN | 166.64/69 |
STOCK MARKETS | ||
NIKKEI | 18168.72 | +18.82 |
EUROSTOXX 50 | 4513.01 | +42.75 |
FTSE 100 | 6639.8 | +49.2 |
DAX 30 | 8050.68 | +92.44 |
S&P 500 | 1524.87 | +5.44 |
NASDAQ | 2644.95 | +12.65 |
PX 50 | 1886.9 | +29.9 |
GOLD | 654.25/+655.00 | - |
DEPOSIT RATES | ||||
CZK | USD | EUR | YEN | |
ON | 2.65-2.75 | --- | 3.98-4.01 | --- |
3M | 2.90-3.00 | 5.31-5.34 | 4.15-4.18 | 0.68-0.73 |
6M | 3.09-3.19 | 5.33-5.36 | 4.29-4.32 | 0.78-0.83 |