Ezone construction output

Bank of England Grabs Some Attention while Investors Await FOMC Decision

September 18, 2013

At 18:00 GMT, the FOMC will release new projections and reveal its decision on tapering asset purchases.  Chairman Bernanke’s press conference begins at 18:30 GMT (14:15 EDT).  Analysts have scaled back forecasts of the QE reduction to $10 billion per month, but market whisper numbers of a cut of just $5 billion have lately circulated. […] More

Mostly Marking Time Ahead of FOMC Revelations

June 19, 2013

The recent trend toward a firmer yen got a boost from Japanese trade data.  The yen touched overnight highs of 94.82 per dollar and 127.04 per yen, but the net appreciation against the U.S. currency from Tuesday’s close was only 0.2%.  Other dollar changes have been similarly contained, with no net movement against the euro, […] More

Volatile Currency Movements Overnight

January 17, 2013

The U.S. dollar has risen 1.1% versus the yen but declined 1.0% against the kiwi.  The buck advanced 0.5% against the Aussie dollar but dropped 0.6% against the euro.  The dollar also has eased 0.2% vis-a-vis sterling and 0.1% against the Swiss franc.  The Swissie is trading weakly against the euro at 1.2439, almost five […] More