The dollar firmed versus the euro on Friday as robust U.S. economic data and remarks from some Federal Reserve's officials propped up chances the U.S. central bank would raise interest rates in the near term. U.S. orders for durable goods...
...jumped 3.4% in March, much above the 0.8% rise expected. In addition, February orders were revised sharply upward, to an advance of 3.8% from the originally reported 2.5% gain. Chicago Fed President Michael Moskow said the U.S. economic outlook was becoming brighter and that rates would have to rise at some point. Fed Vice Chairman Roger Ferguson reiterated the bank's view on inflation's stabilization. This week, U.S. home sales, consumer confidence and Q1 GDP figures will be the most important events on the calendar for the market participants to watch.
News that the government plans to issue 3 billion euros in euro bonds over three years provided boost for the crown on Friday. However, finance minister Sobotka reiterated the issues would be hedged to avoid a market impact.
FX RATES |
USD/CZK |
27.350/390 |
USD/GBP |
1.7730/40 |
EUR/CHF |
1.5554/67 |
EUR/CZK |
32.255/300 |
USD/YEN |
109.06/11 |
EUR/GBP |
0.6652/56 |
EUR/USD |
1.1796/99 |
EUR/YEN |
128.63/74 |
STOCK MARKETS |
NIKKEI |
12163.89 |
+43.23 |
EUROSTOXX 50 |
2878.82 |
–7.23 |
FTSE 100 |
4570.0 |
–1.8 |
DAX 30 |
4103.62 |
+44.47 |
DJ INDEX |
10472.84 |
+11.64 |
NASDAQ |
2049.77 |
+16.86 |
PX 50 |
837.5 |
+1.8 |
GOLD |
394.00/+394.50 |
- |
DEPOSIT RATES |
|
CZK |
USD |
EUR |
YEN |
ON |
1.90-2.00 |
0.98-1.03 |
2.01-2.04 |
--- |
3M |
1.96-2.06 |
1.09-1.14 |
2.03-2.06 |
-0.07---- |
6M |
2.02-2.12 |
1.29-1.34 |
2.06-2.09 |
-0.05-0.02 |