Treasury - Daily Forex for day 14.06.2004

14.06.2004 | , Živnostenská Banka
INVESTICE


perex-img Zdroj: Finance.cz

Friday's trade on the international currency markets was quiet with the U.S. business centres closed due to state funeral of former President Ronald Reagan. Despite this, the dollar rose to a three-week high against the euro underpinned by...

...comments from several Federal Reserve officials that the central bank would be aggressive in raising interest rates. St. Louis Fed President William Poole said on Thursday that the Fed should act faster than priced-in in the market if inflation accelerates. Consumer price index for May will, therefore, be closely-watched on Tuesday, providing more indications of the pace of the Fed's tightening.

The Czech crown dipped against the euro on Friday as the market speculation on quick interest rate tightening eased after weaker-than-expected May inflation and first-quarter GDP data. This morning, the crown showed little reaction to higher-than-expected May PPI data and weekend's defeat of government parties in the European Parliament elections.

FX RATES
USD/CZK 26.320/350
USD/GBP 1.8107/11
EUR/CHF 1.5118/28
EUR/CZK 31.475/490
USD/YEN 110.97/2
EUR/GBP 0.6602/6
EUR/USD 1.1955/58
EUR/YEN 132.71/74
STOCK MARKETS
NIKKEI 11491.66 –35.16
EUROSTOXX 50 2797.05 –3.13
FTSE 100 4484.0 –2.1
DAX 30 4014.56 –7.08
DJ INDEX 10410.10 ---
NASDAQ 1999.87 ---
PX 50 779.0 –3.1
GOLD 382.75/+383.50 -

DEPOSIT RATES
  CZK USD EUR YEN
ON 1.90-2.00 1.00-1.03 2.01-2.04 ---
3M 2.20-2.30 1.50-1.53 2.08-2.11 -0.08--0.03
6M 2.34-2.44 1.84-1.87 2.19-2.22 -0.05----

Autor článku

Patrik Rožumberský  

Články ze sekce: INVESTICE