Treasury - Daily Forex for day 21.05.2004

21.05.2004 | , Živnostenská Banka
Domovská stránka


perex-img Zdroj: Finance.cz

The U.S. currency rose against the euro in a technically-driven trade yesterday. The move seemed to be a correction of dollar's losses from the previous day. In the European session, the dollar also received some support against the single...

...currency from German ZEW economic sentiment indicator, which surprisingly dropped to 46.4 in May, the lowest level since July, from 49.7 in April. Hawkish remarks on inflation from Federal Reserve representatives encouraged speculations over dollar-supportive interest rate hike. Against the yen, however, the dollar dipped after news that Japan's economy posted a robust 1.4% growth in the first quarter versus the previous three months. The market had anticipated a 0.9% expansion.

Recovering from an early drop as low as 31.94 to the euro, the Czech crown closed Tuesday's session almost flat at around 31.80 versus its main reference currency. Mainly technical factors are expected to drive the market in the rest of this week as no major economic data releases are on the calendar.

FX RATES
USD/CZK 26.430/460
USD/GBP 1.7762/65
EUR/CHF 1.5356/65
EUR/CZK 31.810/845
USD/YEN 112.70/73
EUR/GBP 0.6772/76
EUR/USD 1.2024/29
EUR/YEN 135.55/67
STOCK MARKETS
NIKKEI 10967.74 +256.65
EUROSTOXX 50 2675.75 +15.90
FTSE 100 4418.0 +3.6
DAX 30 3789.24 +34.87
DJ INDEX 9968.51 +61.60
NASDAQ 1897.82 +21.18
PX 50 744.9 +5.9
GOLD 380.00/+380.75 -

DEPOSIT RATES
  CZK USD EUR YEN
ON 1.90-2.00 0.99-1.04 2.01-2.04 ---
3M 2.05-2.15 1.20-1.25 2.06-2.09 -0.07----
6M 2.20-2.30 1.48-1.53 2.11-2.14 -0.04-0.03

Autor článku

Patrik Rožumberský  

Články ze sekce: Domovská stránka