Undeterred by now widespread bewilderment over how Quantitative Easing is meant to work in reviving the economy, or even whether it works at all, the Bank of England’s Monetary Policy Committee is about to order another ?50bn to ?75bn bout of it. Read More More QE is barking up the wrong tree
Posted in FX News | Tagged barking, is, more, qe, the, tree, up, wrong
Euro dollar is steady in the middle of the range, as talks between Greek leaders are close to conclusion regarding the terms of the bailout. Greek politicians have little choice, but they want to improve their position before the elections. In th 39 Vote(s) Read More EUR USD Waiting in Range for more Greek Cuts
Posted in FX News | Tagged cuts, eurusd, for, greek, in, more, range, waiting
While growth disappointed in Q4 we still see scope for growth in the area of 2.5% in 2012. Consumption growth is underpinned by decent income growth as employment is picking up and inflation has come down. And exports are likely to recover as export markets are recovering slowly. Corporate investment Read More US A Soft [...]
Posted in FX News | Tagged a, gdp, likely, more, qe3, report, soft, us
As the UK struggles with reduced growth, the Bank of England is now going as far as to say that further quantitative easing measures are “likely.” Read More UK GDP Drops more than Expected BoE Members Say Further QE danquotLikelydanquot
Posted in FX News | Tagged boe, drops, expected, further, gdp, members, more, qe, quotlikelyquot, say, than, uk
The calendar may have rolled over but the picture is the same at the Bank of Canada. Set against acute global headwinds and bruised domestic confidence, the theme for the overnight rate of lower for longer remains firmly entrenched. It should therefore come as no surprise to see the Bank Read More BoC Monetary Policy [...]
Posted in FX News | Tagged 2012, bank, boc, canada, from, monetary, monitor, more, of, policy, same, start, the, to
The Great Britain pound jumped against the euro to the highest level in more than a year as concerns about the problems of Europe made the UK currency more appealing. The sterling also advanced versus the Swiss franc, but dropped against the US dollar.(…)Read the rest of Pound Jumps to Highest Price in More Than a Year Against Euro (117 words) Posted on Forex News. Read More Pound [...]
Posted in FX News | Tagged a, against, euro, highest, in, jumps, more, pound, price, than, to, year
FXstreet.com (Barcelona) – German PMI Manufacturing increased to 48.4 points in December, following… For more information, read our latest forex news. Read More Germany PMI Manufacturing grows more than expected in December
Posted in FX News | Tagged december, expected, germany, grows, in, manufacturing, more, pmi, than
Source: SocGen Enlarge For more information, read our latest forex… For more information, read our latest forex news. Read More Forex Flash Fed turns more dovish in 2012 SocGen
Posted in FX News | Tagged 2012, dovish, fed, flash, forex, in, more, socgen, turns
US consumers are ending the year in a more upbeat mood despite signs that the world’s largest economy is yet to escape the global turmoil. Read More Americans more upbeat about prospects despite global gloom
Posted in FX News | Tagged about, americans, despite, global, gloom, more, prospects, upbeat
Comments out of Spain proclaiming a recession looks to be weighing on sentiment. Technically, USD/JPY is little changed, still holding mostly above its Ichimoku tenkan line since November 23 (moves below have been mostly brief and limited except on the … 26 Vote(s) Read More FX USD JPY Little changed but market a bit more [...]
Posted in FX News | Tagged a, bit, but, changed, fx, little, market, more, riskoff, usdjpy
