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Germany Mar Industrial Production unchanged on month, -20.4% on year
!--TITOL: h1Germany Mar Industrial Production unchanged on month, -20.4% on yearFITITOL-- FXstreet.com (Barcelona) For more information, read our latest a href=http://www.fxstreet.com/news/forex-news/forex news/a.div a href=http://feeds.fxstreet.com/~ff/news/forex-news?a=_sJyzl0T4vg:8L_xCclSqvE:yIl2AUoC8zAimg src=http://feeds2.feedburner.com/~ff/news/forex-news?d=yIl2AUoC8zA border=0/img/a /div
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UK Preview: Further Clues on Policy to be Revealed in BOE Inflation Report
According to Barclays fixed income strategist Moyeen Islam, the Bank of England's
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ECB's Trichet Says Rates at Zero Would be "Inappropriate" (Update)
You have a number of anomalies that might appear when you are zero, Trichet said in an interview with Dutch television broadcaster RTLZ on Friday. It is full of drawbacks.However, Trichet added that there were other instruments that could be utilized, even if rates did come down to such levels.At its meeting on Thursday, the Governing Council voted unanimously to keep its main refinancing rate unchanged at 2.00%. However, acknowledging that inflationary pressures are easing and that growth would remain
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Aussie Dollar Could Drop on Weaker-than-Expected Employment Report
The Antipodean currency has experienced a choppy ride during the past week. A wave of risk aversion on Tuesday caused the Aussie dollar to drop two cents and give up most of its gains during the week.Today the Aussie dollar has remained relatively range bound, hitting a session high of 0.6601 USD and a session low of 0.6483 USD. The Aussie dollar is up 0.23 cents to 0.6571.Strategists are waiting for January's employment number, which they said could add to
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Canadian Dollar Remains Range Bound Following BOC Governor Carney's Speech
According to FX strategists, markets weren't surprised at hints that the central bank could embark on quantitative easing measures.Despite a weaker January employment report, the Canadian dollar has managed to hold on to some gains across the board. The USD/CAD is struggling to make a break above 1.23 CAD and the EUR/CAD is unable to hold gains above 1.61 CAD. This morning, the USD/CAD is up half a cent to 1.2225 CAD and the EUR/CAD is up 0.74 cents to
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USD/CAD Under Pressure as Markets Wait for Financial Bailout Plan
Domestic data had no impact on the Canadian dollar as FX markets ignored Friday's surprising drop in employment in January and Monday's soft housing starts report, also for January.Sentiment in the stock market remains relatively positive over Treasury Secretary Timothy Geithner's plans to save the financial system. His press conference, originally scheduled for today, was postponed until Tuesday. The USD/CAD ran into strong selling at just below the 1.3000 level in overnight trading and is struggling to hold on to
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