EUR/USD sits at 1.3650, marginally firmer from North American close Monday down around 1.3635. Today we see first sale of up to 5 billion 5 year EFSF bonds. Issue said to be well over-subscribed. Talk orders for the bonds already in … Continue reading
I’m just hearing some chatter in the interbank market of decent sized bids in USD/CHF at .9465/70 which is very close to where we currently are trading. If there’s talk of bids then there are bound to be stops just … Continue reading
Australian CPI rose 0.4% in Q4 with weighted mean +0.5% Australian Treasurer predicts inflation spike next quarter NZ rates unlikely to change on Thursday Irish finance bill set for ratification BOJ raises fiscal year GDP forecast Regional stockmarkets +0.6% on … Continue reading
Not much movement overall with most of the major pairings now settled quietly mid-range. Barrier protection ahead of 1.3700 in the EUR/USD has dissuaded any further bullish drives, bids in the AUD/USD around .9920 have stalled losses there, GBP is … Continue reading
Wayne Swan says that the major flooding which Australia has endured will cause an inflation spike in the next quarter. With some fruit and vegetables over twice as expensive as they were before Christmas, and with petrol prices also very … Continue reading
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