Treasury - Daily Forex for day 11.08.2004

11.08.2004 | , Živnostenská Banka
INVESTICE


perex-img Zdroj: Finance.cz

The dollar rebounded from a three-week low against the euro on Tuesday after the Federal Reserve raised interest rates by 25 basis points to 1.50%, as expected, and revealed positive expectations about the future development of the U.S....

...economy. The Fed statement appeared more bullish about U.S. economic and interest rate prospects than the market had anticipated, providing a major impulse for the dollar's rise. The recent batch of soft U.S. economic data was considered transitory, with the economy poised to reaccelerate its growth soon.

The Czech crown ended stronger versus the euro for the third consecutive session on Tuesday, underpinned by expectations that the central bank will again lift interest rates already at its next policy meeting on August 26.

FX RATES
USD/CZK 25.645/675
USD/GBP 1.8278/81
EUR/CHF 1.5428/39
EUR/CZK 31.380/400
USD/YEN 111.28/31
EUR/GBP 0.6692/96
EUR/USD 1.2235/38
EUR/YEN 136.14/26
STOCK MARKETS
NIKKEI 11049.46 +95.91
EUROSTOXX 50 2619.42 +22.90
FTSE 100 4350.9 +36.5
DAX 30 3720.64 +30.31
DJ INDEX 9944.67 +130.01
NASDAQ 1808.70 +34.06
PX 50 793.4 +7.0
GOLD 396.25/+397.00 -

DEPOSIT RATES
  CZK USD EUR YEN
ON 2.15-2.25 1.50-1.53 2.02-2.05 ---
3M 2.41-2.51 1.65-1.68 2.08-2.11 -0.05----
6M 2.57-2.67 1.87-1.90 2.13-2.16 -0.04-0.01

Autor článku

Patrik Rožumberský  

Články ze sekce: INVESTICE