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Blog: It’s Lonely at the Top: Now It’s Up to the Bank of Japan to Hold the Yen Down
SteveT 1260 days ago
Wow, FX space is totally rattled this week: the yen hit 76.25 against the dollar at the end of the day on March 16 and has since rebounded to current levels 80.90 (1:50pm in N...
Blog: WORLD FOREX: Euro A Touch Lower, Yen Steady In Calm Trading – Wall Street Journal
Kansas City Star WORLD FOREX: Euro A Touch Lower, Yen Steady In Calm TradingWall Street JournalBy Siva Sithraputhran LONDON (Dow Jones)–The euro was a touch lower in...
Blog: Yen Stabilizes After Intervention
Forex Trading 1261 days ago
Trading of the yen was significantly less volatile in the European trading session versus this morning as the price of the yen held relatively firm following a coordinated in...
Blog: Euro Remains Well Bid on Hawkish ECB President Trichet Comments
SteveT 1261 days ago
The Euro is well bid and looks like it wants to test some key resistance from November 2010. Meanwhile, other currencies have found comfort in the Euro strength and are also r...
Blog: Japan Finmin – G7 agreed on joint forex intervention – Reuters AlertNet
SteveT 1263 days ago
The Chosun Ilbo Japan Finmin – G7 agreed on joint forex interventionReuters AlertNetTOKYO, March 18 (Reuters) – Japan agreed with central banks of the United S...
Blog: EUR Hits 2011 High as Trichet Re-affirms ECB Rate Hike in April
In a speech today, Trichet helped support the Euro, as he iterated that the ECB continues on its path of hiking interest rates. When asked about a possible April rate hike, he...
Blog: ECB Update: ECB Joins Forex Intervention, Uncertainty Rising – IMarketnews.com
ECB Update: ECB Joins Forex Intervention, Uncertainty RisingIMarketnews.comFRANKFURT (MNI) – The European Central Bank confirmed that it participated Friday in conc...
Blog: ECB Buys Portuguese Bonds
The ECB stepped in to buy Portuguese government bonds, as the country’s Prime Minister José Socrates urged lawmakers to reach an agreement over new austerity measures t...
Blog: USD/JPY Surges on G7 Coordinated Intervention
In an extremely unusual move that underscored the severity of the crisis in Japan, the G-7 agreed to a coordinated intervention in the currency market to weaken the yen in ord...
Blog: ECB Trichet has no ne message on Inflation
He continues to maintain strong vigilance against inflationary pressures He will “think deeply” about Japan Primary mandate is price stability Forex News and Com...
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