Treasury - Daily Forex for day 24.05.2004

24.05.2004 | , Živnostenská Banka
INVESTICE


perex-img Zdroj: Finance.cz

The U.S. dollar rebounded from two-week lows against the euro and the yen late Friday due mainly to profit-taking. Earlier, the dollar came under selling pressure after Fed Governor Ben Bernanke's statement showed that U.S. central bank's...

...interest rate hikes should be modest. This disappointed some traders, who had anticipated the Federal Reserve to raise rates agressively. As there was no important economic data in the U.S. on Friday, market players turned their attention to a weekend meeting of G7 finance ministers in New York and an informal gathering of OPEC ministers in Amsterdam. Most recently, Saudi Arabia reported it was increasing its oil output to boost global oil supply.

Foreign banks' euro-sell orders sent the crown to a new six-month peak of 31.750 versus the single currency on Friday. Prospects for higher Czech interest rate also provided impetus to the crown's rally.

FX RATES
USD/CZK 26.600/630
USD/GBP 1.7841/45
EUR/CHF 1.5361/71
EUR/CZK 31.760/790
USD/YEN 112.58/63
EUR/GBP 0.6692/95
EUR/USD 1.1943/48
EUR/YEN 134.47/56
STOCK MARKETS
NIKKEI 11101.64 +31.39
EUROSTOXX 50 2697.46 –11.09
FTSE 100 4431.4 +2.7
DAX 30 3831.84 –7.48
DJ INDEX 9966.74 +29.10
NASDAQ 1912.09 +15.50
PX 50 759.0 –1.7
GOLD 383.85/+384.35 -

DEPOSIT RATES
  CZK USD EUR YEN
ON 1.90-2.00 0.99-1.02 2.00-2.03 ---
3M 2.07-2.17 1.22-1.25 2.06-2.09 -0.07--0.02
6M 2.21-2.31 1.54-1.57 2.12-2.15 -0.05----

Autor článku

Patrik Rožumberský  

Články ze sekce: INVESTICE