The Bangko Sentral ng Pilipinas cut its overnight borrowing rate 25 basis points to 4.25% from 4.50% and the overnight lending rate to...
Philippines Central Bank Cuts Rate 25bps to 4.25%
Source: feedproxy.google.com
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EUR/JPY on the slide
Early Tokyo has taken a dislike to EUR/JPY, selling it down from 137.70 to 137.30. Those players caught long at the wrong levels might be bailing out and reassessing as this pair has certainly come quite a long way in a relatively short space of time. GBP/JPY has also met with some early selling,...
IBM Captures Top Position in Server Sales, Price Hits All-Time High
IBM announced today that according to technology research firm Gartner, IBM captured the top spot in server sales in the fourth quarter of 2011...
USDCHF’s bounce extended to 1.0639
USDCHF’s bounce from 1.0394 extended to as high as 1.0639 level. Further rally is still possible later today and target is to test 1.0675...
Temporal distribution of AUD/JPY low and high during a day
AUD/JPY is the first entirely Asia-Pacific currency pair looked at with this approach so far. You can see the difference with other pairs, as the temporal distributions for high and low are heavily dominated by the early hours of the day (Central European...
Dollar comeback in Eur/Usd not seen elsewhere
Interesting to see that the pullback in Eur/Usd has not been replicated in Dollar strength in Cable or Usd/Yen. Cable is looking well supported at 1.6220 with markets awash with chatter over positive Sterling M&A flows. Eur/Gbp selling by a clearer in the 0.8630/40 area is being cited as maybe...