The Australian dollar makes rapid progress as forecast-beating growth data dents expectations that the Reserve Bank of Australia will cut interest rates
Growth provides fillip for Australian dollar
Source: www.ft.com
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Monetary Policy Week in Review – 11 February 2012
The past week in monetary policy saw just one bank lift rates; Jordan +50bps to 5.00%, and two banks cut rates; Belarus -200bps to 43.00%,...
HK shares buck the regional trend
The Hang Seng index is down around 0.8% as opposed to gains of about 1% over on the Nikkei. Equity markets are having little or no impact on the JPY crosses today with EUR/JPY chopping around in a tight 137.45/95...
Dukascopy Afternoon Forex Overview - Sept 10 09
Previous session overview The USD is mixed to start New York after a quiet and firmer start in Asia. Overnight data was largely due in Europe leaving early Asian trade very light and order-driven. Asian equities were mixed with the Nikkei 225 rising more than 2% helping to keep pressure on the...
Fed’s Yellen: Unconventional Fed policies bring unintended risks
San Francisco Fed president Janet Yellen says that the recent rise in Treasury yields is disconcerting if they reflect inflation fears. She also says monetary policy can play a role in popping asset bubbles. Yellen is usually thought of a an inflation dove but today she sounds relatively middle of...
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