Growing fears of more aggressive loosening of monetary policy by the Federal Reserve knocked the dollar down to new historic lows against the euro and a basket of six major currencies on Friday. The dollar also came under selling pressure due to oil prices surging to record highs and the price of gold hitting 28-year peaks. Finally, comments by Eurogroup Chairman Jean-Claude Juncker that the steep advance of the European currency has not yet been alarming also added to dollar's woes.
The crown continued its march to fresh record highs on the stronger side of the EUR/CZK 27.0 level on Friday, benefiting from its status of a safe haven currency.
FX RATES | |
USD/CZK | 18.600/630 |
USD/GBP | 2.0572/74 |
EUR/CHF | 1.6755/64 |
EUR/CZK | 26.820/850 |
USD/YEN | 114.22/24 |
EUR/GBP | 0.7008/9 |
EUR/USD | 1.4415/18 |
EUR/YEN | 164.67/70 |
STOCK MARKETS | ||
NIKKEI | 16698.08 | +192.45 |
EUROSTOXX 50 | 4440.23 | +28.11 |
FTSE 100 | 6661.3 | +85.0 |
DAX 30 | 7949.17 | +16.73 |
S&P 500 | 1535.28 | +20.88 |
NASDAQ | 2804.19 | +53.33 |
PX 50 | 1910.1 | +25.5 |
GOLD | 791.60/+792.30 | - |
DEPOSIT RATES | ||||
CZK | USD | EUR | YEN | |
ON | 3.00-3.10 | 4.70-4.80 | 4.00-4.05 | --- |
3M | 3.47-3.57 | 4.90-5.00 | 4.55-4.60 | 0.85-0.95 |
6M | 3.54-3.64 | 4.79-4.89 | 4.55-4.60 | 0.92-1.02 |