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Share Prices Up Ahead of ECB Press Conference

October 6, 2011

The dollar dropped 0.8% and 0.6% overnight against the Australian and New Zealand currencies.  The greenback also lost 0.3% against the yen, 0.2% versus sterling and 0.1% relative to the euro.  The Canadian dollar, Swiss franc and Chinese yuan are unchanged. With China still closed, share prices in the Pacific Rim advanced 4.6% in Indonesia, […] More

Jackson Hole Expectations Dumbed Down

August 25, 2011

The annual Jackson Hole symposium sponsored by the Kansas City Fed begins today, with Bernanke speaking at 14:00 GMT tomorrow.  Analysts have scaled back their expectations that he might unveil significant stimulus. The dollar is narrowly mixed, rising 0.4% against the kiwi, 0.2% relative to the yen, and 0.1% versus the Aussie dollar but easing […] More