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---- |