The European single currency rebounded from its lowest level this year against the dollar on Monday due largely to a profit-taking. The dollar also fell against the yen after a newspaper report said the Bank of Japan would stop intervening...
...in support of the U.S. currency as Japan's economic recovery was gaining strength. But Finance Ministry reported that it determines exchange rate policy and reiterated it would continue to intervene if needed. Today, markets will take a look at U.S. consumer confidence data, which is expected to show a drop in March. The European Central Bank meets on Thursday and many are now wondering whether the bank cuts its main interest rate from the current 2%.
A profit-taking caused the Czech crown weakened towards the 33.0 to the euro level yesterday. The market is lacking any important economic news currently.
FX RATES |
USD/CZK |
26.960/990 |
USD/GBP |
1.8224/29 |
EUR/CHF |
1.5617/27 |
EUR/CZK |
32.910/930 |
USD/YEN |
105.77/80 |
EUR/GBP |
0.6695/98 |
EUR/USD |
1.2203/8 |
EUR/YEN |
129.10/16 |
STOCK MARKETS |
NIKKEI |
11693.68 |
–24.56 |
HANG SENG |
12627.31 |
+199.97 |
FTSE 100 |
4411.2 |
+4.5 |
DAX 30 |
3872.30 |
–8.95 |
DJ INDEX |
10329.63 |
+116.66 |
NASDAQ |
1992.57 |
+32.55 |
PX 50 |
812.7 |
–0.8 |
GOLD |
418.00/+418.75 |
- |
DEPOSIT RATES |
|
CZK |
USD |
EUR |
YEN |
ON |
1.90-2.00 |
1.02-1.07 |
2.04-2.07 |
--- |
3M |
1.95-2.05 |
1.03-1.08 |
1.92-1.95 |
-0.08--0.01 |
6M |
2.01-2.11 |
1.08-1.13 |
1.90-1.93 |
-0.05-0.02 |