Treasury - Daily Forex for day 27.10.2007

27.10.2007 | , Živnostenská Banka
INVESTICE


perex-img Zdroj: Finance.cz

The dollar tumbled to fresh all-time lows against the euro this morning as fresh economic data out of the U.S. suggested that the Federal Reserve will highly likely cut interest rates when it meets on Oct. 30-31. Durable goods orders unexpectedly fell in September, and a mom rise in new home sales last month could only be attributed to a sharp downward revision of the August's reading.

The Czech crown surged to a new record high of 27.03 to the euro on Thursday, shrugging off the CNB's decision to keep interest rates flat for a second consecutive month. The bank's Board voted 5-2 to hold the key 2-week repo rate at 3.25%, as expected, but signalled that policy tightening could come soon.

FX RATES
USD/CZK 18.810/840
USD/GBP 2.0542/45
EUR/CHF 1.6707/14
EUR/CZK 27.015/45
USD/YEN 114.37/42
EUR/GBP 0.6988/90
EUR/USD 1.4356/58
EUR/YEN 164.28/33
STOCK MARKETS
NIKKEI 16505.63 +221.46
EUROSTOXX 50 4412.12 +54.98
FTSE 100 6576.3 +94.3
DAX 30 7932.44 +103.48
S&P 500 1514.40 -1.48
NASDAQ 2750.86 -23.90
PX 50 1884.6 +12.0
GOLD 776.50/+777.25 -

DEPOSIT RATES
  CZK USD EUR YEN
ON 3.00-3.10 4.70-4.80 3.99-4.04 ---
3M 3.47-3.57 4.92-5.02 4.55-4.60 0.83-0.93
6M 3.54-3.64 4.80-4.90 4.54-4.59 0.93-1.03

Autor článku

Patrik Rožumberský  

Články ze sekce: INVESTICE