|Exchange Rate as of 22 February 2021||As of 9:21 am EST Exchange Rate as of 25 February 2021|
From the Federal Reserve …
As of February 25, 2021, the Federal Reserve reported the prime bank rate is 3.25%. The discount window rate is at .25% and the effective fed funds (interbank overnight rate) is at .07%.
The Federal Reserve also reported the 2-year Treasury yield at .11; the 10-year yield at 1.37%, and the 30-year yield at 2.21%.
Follow the links ….
European stocks enjoyed another positive session yesterday, driven once again by the travel, hospitality and commercial real-estate sector. Higher rate concerns put to one side with Europe set for a positive open | CMC Markets
It’s all about that reflation narrative, a narrative that continues to force upward pressure on stocks and downward pressure on the Buck. In our Wednesday call, we did however warn to start expecting more dovish speak out of central banks around the globe, in an effort to slow the pace of the USD decline. The reflation trade narrative [Video] (fxstreet.com)
25 February 2021