The dollar is little changed overnight amid light trading volumes given the year-end and holiday week. US equities are opening at all-time highs.
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FX Rates
December 28, 2021Rates are not real time. Rates are today's indicative mid-market rates as of time of publishing, which may vary. Please contact SVB for a current quote.
EUR/USD 1.1298 GBP/USD 1.3435 USD/CAD 1.2807 AUD/USD 0.7238 USD/JPY 114.86 USD/CNH 6.3732 USD/ILS 3.0998 USD/MXN 20.5760 USD/CHF 0.9186 USD/INR 74.6600 USD/BRL 5.6370 USD/SGD 1.3550 USD/DKK 6.5840 USD/SEK 9.0740 USD/NOK 8.8080
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USD
The US dollar is slightly higher on the back of the S&P index opening at an all-time high. US Treasury 10Yr yield edged lower to 1.46%. The FHFA US House Price Index for October was higher than expected.
GBPUK remains closed Tuesday for Boxing Day. COVID cases remain high in the UK and will likely increase over the next few weeks due to holiday gatherings. UK pound rate climbed to a five-week high overnight crossing trading north of 1.3450.
EURWith no central bank policy events or major economic figures due in the holiday week ahead, euro trading volumes continuing to remain low. EUR/USD levels are slightly higher due continued research showing that Omicron is less severe than Delta, which may minimize economic headwinds in the eurozone.
CADUSD/CAD is stable despite firm oil prices. Canada remains on holiday today, so trading is expected to remain light.
ASIA/PACIFICNews that the Omicron variant's symptoms may be less severe than the delta variant is leading to increased demand for riskier currencies, including the AUD.
USD/JPY rates remain stable overnight as Japan reported a record jump in factory output in November, mostly due to car production.
For more analysis on FX markets or information regarding SVB's FX services:
See all of SVB's latest FX information and commentary at www.svb.com/foreign-exchange-advisory
| Source: Bloomberg | |
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