The U.S. dollar yet again touched a new record low versus the euro in early trade on Monday, before rebounding later in the session. Increasing speculation that more interest rate cuts by the Fed will be needed to prevent the U.S. economy from further deterioration has highlighted the bearish sentiment towards the dollar. U.S. data calendar this week includes the first reading on third-quarter GDP growth on Wednesday and October's jobs report on Friday.
The crown retreated from its record high levels versus the euro yesterday, but still remained on the stronger side of the 27.0 EUR/CZK at the end of the session.
FX RATES | |
USD/CZK | 18.720/750 |
USD/GBP | 2.0591/94 |
EUR/CHF | 1.6782/91 |
EUR/CZK | 26.950/970 |
USD/YEN | 114.45/48 |
EUR/GBP | 0.6990/92 |
EUR/USD | 1.4395/96 |
EUR/YEN | 164.75/81 |
STOCK MARKETS | ||
NIKKEI | 16651.01 | -47.07 |
EUROSTOXX 50 | 4471.46 | +31.23 |
FTSE 100 | 6706.0 | +44.7 |
DAX 30 | 8009.67 | +60.50 |
S&P 500 | 1540.98 | +5.70 |
NASDAQ | 2817.44 | +13.25 |
PX 50 | 1936.9 | +26.8 |
GOLD | 784.50/+785.10 | - |
DEPOSIT RATES | ||||
CZK | USD | EUR | YEN | |
ON | 3.00-3.10 | 4.82-4.92 | 4.00-4.05 | --- |
3M | 3.47-3.57 | 4.84-4.94 | 4.54-4.59 | 0.80-0.90 |
6M | 3.54-3.64 | 4.83-4.93 | 4.59-4.64 | 0.92-1.02 |