The yen continued to climb despite the Bank of Japan's announcement that it was expanding its special loan programme
Yen undaunted as BoJ announcement disappoints
Source: www.ft.com
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France plays down AAA loss
French President Nicolas Sarkozy was on a visit to Spain as his country mulled over S&P’s downgrade. His finance minister said...
EUR/USD: bids at 1.3750 stemming the tide
It might only provide some temporary respite but some decent sized buying interest in the EUR/USD at 1.3750 looks to have halted the bearish momentum, for a few moments at least. Offers are expected to be heavy on any short-covering rallies back towards...
BOE risks of CPI being above or below target in 2 years balanced if rates held at 0.5%, 175 bln QE
The Bank feels the risks of CPI being above or below target in 2 years balanced if rates held at 0.5% , QE at 175 bln. BOE chart shows CPI below target at around 1.4% in 2 years assuming market rate path, QE of 175 bln. More likely than not inflation will fall below 1% in Autumn triggering letter...
The Forex Week Ahead: Cable To Snap?
Weekly Trade Plans on the majors show separation between the pairs; cable and aussie long, euro, swissy and cad to range trade, and buyers coming into the ... See all stories on this...
Markets stabilizing; USD dipping
EUR/USD is recovering, back to 1.4032, as equity prices and commodities turn positive on the session again. The unemployment report continues to be chewed over by the market several hours later, an unusual situation, to say he least. The debate will have fewer participants than normal this...