The disturbances in Iran have some traders talking of a possible risk-aversion play this morning but the USD is only slightly firmer, 1.40 against the EUR versus a 1.4020 close on Friday night, and EUR/JPY is only slightly lower, 137.70 versus a 137.90 close. All in all, the early interbank session has been surprisingly quiet with the majors trading in 30 pip ranges. Not much economic data due for release during this session. Good luck today.
-
Quiet start to interbank Monday
June 14 2009, 11:37pm | Comments »
-
PM in crisis: Make-or-break Monday
Rebels plan new push against Brown within next 24 hours while Blears ponders Howe moment and Labour faces Euro poll meltdown.
- Tags:
- Forex
- Monday
- Make-or-break
June 7 2009, 2:54pm | Comments »
-
Biden: Obama to ramp up stimulus on Monday
It is unclear whether they are looking for more money or are shifting spending from the “out years” into this year. Given that the economy looks like it is recovering organically (with a big assist from the Fed), the stimulus will likely come too late to help much, as usual.
June 5 2009, 7:03pm | Comments »
1