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EURO condemned and not just to a tight trading range

We were so close to changing the record after Friday’s US data. However, again we are doomed to listen to the same issues driving Capital Markets this morning. Chinese Premier Wen said he ‘opposes countries pointing fingers at each other and even forcing a country to appreciate its currency’. The US should be ‘reassuring investors about the safety of dollar assets’ as China keeps the Yuan ‘basically stable and maintain a moderately loose monetary policy and a proactive fiscal stance’. [...] read more

JPY Roundup

Posted by Dean Popplewell at 5:49 am EST, 03/12/2010
Posted by Dean Popplewell at 6:11 am EST, 03/11/2010
Posted by Dean Popplewell at 6:03 am EST, 03/10/2010
Posted by Dean Popplewell at 5:58 am EST, 03/09/2010
Posted by Dean Popplewell at 5:52 am EST, 03/08/2010

Forex Insights »

Posted under USD, EUR, GBP, CHF, JPY, AUD, CAD at 10:00 am EST, 03/12/2010
Posted under EUR, GBP, CHF, JPY, AUD, CAD at 8:31 am EST, 03/12/2010
Posted under USD, EUR, GBP, CHF, JPY, AUD, CAD at 8:30 am EST, 03/12/2010
Posted under USD, EUR, GBP, CHF, JPY, AUD, CAD at 7:11 am EST, 03/12/2010
USD/JPY :

US USD/JPY : Based on daily OANDA Rates®, the touchstone foreign exchange rates used by corporations, tax authorities, auditing firms, and financial institutions. These filtered rates are based on information supplied by leading market data contributors.

Central Bank Watch »

Japanese Government pressures Central Bank on Deflation

Posted by Alfonso Esparza 9:20 am EST, 03/01/2010

Japanese Finance Minister Naoto Kan on Monday exerted new pressure on Japan’s central bank to act more quickly to defeat deflation, saying he wants the falling price trend to end this year. “Two or three years is too long. If possible, I hope that the consumer price index turns positive by the end of this year,” Mr. Kan told a parliament session. His remarks were the first mention by the government of a time frame for trying to lift the country out [...] read more

Economic Exposure »

Japan Production Rises Most Since May, Retail Sales Rebound

Posted by Alfonso Esparza 8:12 am EST, 02/26/2010

Japanese manufacturers increased production at the fastest pace since May and retail sales snapped a 16-month slump, signaling the recovery is intact even as the government calls for more action to fight deflation. Factory output rose 2.5 percent in January from a month earlier, the 11th straight gain and the longest streak in more than 12 years, the Trade Ministry said today in Tokyo. Retail sales unexpectedly jumped 2.6 percent from a year earlier. A key gauge of consumer prices slid for [...] read more

Latest Articles

Posted by Scott Boyd at 8:13 am EDT, 03/15/2010
Posted by Scott Boyd at 7:46 am EDT, 03/15/2010
Posted by Dean Popplewell at 6:13 am EDT, 03/15/2010
March
15
Today’s Global
Market Events
7:30am

CAD
New Motor Vehicle Sales m/m
0.0% vs. 2.6%
USD
Empire State Manufacturing Index
20.3 vs. 24.9
8:00 am

USD
TIC Long-Term Purchases
37.9b vs. 63.3b
8:15 am

USD
Capacity Utilization Rate
72.7% vs. 72.6%
USD
Industrial Production m/m
0.1% vs. 0.9%
12:00 pm

USD
NAHB Housing Market Index
17 vs. 17
7:30 pm

AUD
Monetary Policy Meeting Minutes