The 2012 broad risk asset rally is enduring another bout of fatigue as attention returns to the Greek debt negotiations
Rally momentum fades after US GDP data disappoints
Source: www.ft.com
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Dukascopy Morning Forex Overview - Aug 28 09
Previous session overview The dollar and euro rose against the yen in Asia Friday as Japanese importers bought the two currencies ahead of their month-end book-closing. Dealers said Japanese players had bought vigorously in early Asian trading, sending the dollar as high as JPY93.86 and the euro to...
USDCAD formed a sideways consolidation
USDCAD formed a sideways consolidation in a range between 1.0191 and 1.0378. Bounce towards 1.0378 key resistance would more likely be seen, a...
GBPUSD’s bounce extended to 1.5989 only
GBPUSD’s bounce from 1.5751 extended to 1.5989 only, the subsequent fall suggests that lengthier sideways consolidation in a trading...
Window of opportunity… | Forex Impact
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BOE economist Dale: Inflation targeting needs tweaks
Inflation targeting should be retained but enhanced, says Bank of England economist Dale. As it is currently operated, inflation targeting is insufficient. Robotic inflation targets proved very poor monetary policy mechanism a year ago as inflation ramped higher and economic growth collapsed...