The past week in monetary policy saw interest rate decisions announced by 14 central banks around the world. Those changing interest rates...
Monetary Policy Week in Review – 10 Dec 2011
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Daily Market Review 16.03.2011
EUR-USD It can be seen that the last candle stick supported on the level of 1.3860, however, produces Japanese pattern, which signifies the end of...
Regional stockmarkets lose ground
The Taiwanese exchange is down over 3%, the Kospi is down over 1% and all other exchanges are down by between 0.25%/0.5% on a day dominated by risk aversion related to geo-political events in Iran and North Korea. The oil price dipped back below $72/bbl as fears of another economic slowdown...
USDCHF remains in uptrend from 0.9548
USDCHF remains in uptrend from 0.9548 and the rise extended to as high as 1.0053 level. Key support is at 0.9848, as long as this level...
Real money seen buying SEK
Not sure if this is a sign of anything more than a one-off flow, but traders say a large custodial bank is a high profile buyer of Swedish Krona today. Sweden has been in the spotlight in recent days given large exposures to Latvia by Swedish banks. Perhaps the SEK is a vote of confidence that the...
Facebook May File For IPO Next Wednesday
The Wall Street Journal reports that social networking website, Facebook may file documents for an IPO next Wednesday.According to an...