Financial Markets Daily Summary - July 24, 2018
Core Content Overview
This document provides a snapshot of financial market rates and exchange rates as of July 24, 2018. It includes U.S. interest rates, foreign exchange rates, cross currency rates, and forward exchange rates. The data reflects the current market conditions and trends compared to the previous week and four weeks ago.
U.S. Interest Rates
| Maturity |
Today |
Week Ago |
Four Weeks Ago |
| Three-month |
2.01% |
2.02% |
1.93% |
| Six-month |
2.19% |
2.19% |
2.13% |
| Two-year |
2.63% |
2.60% |
2.53% |
| Three-year |
2.72% |
2.68% |
2.63% |
| Five-year |
2.82% |
2.76% |
2.75% |
| 10-year |
2.96% |
2.86% |
2.88% |
| 30-year |
3.10% |
2.96% |
3.03% |
- Trend Analysis: Most U.S. interest rates have remained relatively stable or slightly increased compared to the previous week. The 30-year rate showed a notable increase from the week ago rate, indicating a potential shift in long-term market expectations.
Foreign Exchange Rates
| Currency Pair |
Today |
Week Ago |
Four Weeks Ago |
| USD/CAD |
0.75942 |
0.75815 |
0.75134 |
| USD/EUR |
1.1695 |
1.1661 |
1.1647 |
| USD/GBP |
1.3116 |
1.3115 |
1.3228 |
| USD/JPY |
111.155 |
112.87 |
110.065 |
| USD/MXN |
18.869 |
18.889 |
19.953 |
| USD/CHF |
0.9936 |
1.0002 |
0.9906 |
| USD/AUD |
0.7403 |
0.7388 |
0.7394 |
| USD/CNY |
6.7971 |
6.706 |
6.5737 |
| USD/NZD |
0.6801 |
0.6784 |
0.6864 |
| Silver (USD) |
15.51 |
15.59 |
16.30 |
| Gold (USD) |
1225.6 |
1227.5 |
1259 |
- Trend Analysis: The USD has weakened slightly against the CAD and EUR, while it has strengthened against the JPY and MXN. Gold and silver prices have shown minor declines compared to the previous week.
Cross Currency Rates
| Currency |
USD |
CAD |
EUR |
MXN |
JPY |
GBP |
CHF |
AUD |
| USD |
1.0000 |
0.7594 |
1.1695 |
0.052998 |
0.008996 |
1.3116 |
1.006492 |
0.74025 |
| CAD |
1.3168 |
1.0000 |
1.5400 |
0.0698 |
0.0118 |
1.7271 |
1.3253 |
0.9748 |
| EUR |
0.8551 |
0.6494 |
1.0000 |
0.0453 |
0.0077 |
1.1215 |
0.8606 |
0.6330 |
| MXN |
18.8685 |
14.3291 |
22.0667 |
1.0000 |
0.1697 |
24.7479 |
18.9910 |
13.9674 |
| JPY |
111.16 |
84.41 |
130.00 |
5.89 |
1.0000 |
145.79 |
111.88 |
82.28 |
| GBP |
0.7624 |
0.5790 |
0.8917 |
0.0404 |
0.0069 |
1.0000 |
0.7674 |
0.5644 |
| CHF |
0.9936 |
0.7545 |
1.1620 |
0.0527 |
0.0089 |
1.3031 |
1.0000 |
0.7355 |
| AUD |
1.3509 |
1.0259 |
1.5799 |
0.0716 |
0.0122 |
1.7718 |
1.3597 |
1.0000 |
- Trend Analysis: The USD is relatively strong against most currencies, with notable exceptions like the CAD and EUR. The CAD has weakened against the USD, while the EUR has strengthened slightly. The JPY has shown a significant decline against the USD, indicating potential shifts in market sentiment towards the yen.
Forward Exchange Rates
| Currency |
Spot |
One-month |
Three-month |
Six-month |
One-year |
Two-year |
Three-year |
Four-year |
Five-year |
| CAD |
1.3168 |
1.3161 |
1.3148 |
1.3128 |
1.3090 |
1.3017 |
1.2961 |
1.2927 |
1.2877 |
| Euro* |
1.1695 |
1.1722 |
1.1776 |
1.1869 |
1.2057 |
1.2461 |
1.2833 |
1.3175 |
1.3493 |
| Yen |
111.155 |
110.9275 |
110.4557 |
109.6174 |
107.9669 |
104.3711 |
100.8399 |
97.4397 |
94.2046 |
| UK pound* |
1.3116 |
1.3132 |
1.3166 |
1.3225 |
1.3342 |
1.3593 |
1.3823 |
1.4035 |
1.4232 |
- Trend Analysis: Forward rates for CAD, Euro, and Yen show a slight depreciation trend against the USD over the next five years. The UK pound also shows a gradual depreciation, indicating potential market expectations of lower interest rates or economic uncertainty in the UK.
Key Insights
- Interest Rates: The U.S. interest rates have remained stable or slightly increased, with the 30-year rate showing a more significant rise.
- Exchange Rates: The USD has weakened against the CAD and EUR, while it has strengthened against the JPY and MXN. Gold and silver prices have slightly declined.
- Market Sentiment: The forward exchange rates suggest a cautious outlook for the USD, with a gradual depreciation expected against several major currencies over the medium to long term.
