The dollar remains subdued as markets await today’s appearance by Fed Chairman Ben Bernanke before Congress. His words will be studied carefully for any indications as to the likely timing of any tapering off of the Fed’s current bond-buying pro...
HIGHLIGHS: Fed Chairman Ben Bernanke will appear before the congressional budget committee amid growing speculation that the Fed may taper its asset purchases * Also out this week in the US, the flash Markit manufacturing PMI for May is expec...
DOLLAR LOOKS THE STRONGEST CURRENCY: While the opening few weeks of 2013 saw greater volatility in foreign exchange markets, the major currencies, apart from the yen, settled down again to range trade over the past number of months. The euro ro...
FX & INTEREST RATE OUTLOOK * Weak economic backdrop points to continuing very loose monetary policy everywhere, with further QE on the cards in the UK and Japan * Volaility returns to forex markets with a vengence in 2013 as negative factors ...
SOME POSITIVE TRENDS HAVE EMERGED: Some positive trends emerged in the residential property over the course of 2012. Meanwhile, there are signs that the domestic economy could be bottoming out which should be supportive of the housing market go...
Bank of England WATCH - 3rd May 2013: SPLIT MPC TO REMAIN ON HOLD. At the monthly policy meetings to date this year, the Monetary Policy Council of the Bank of England has left UK interest rates on hold at 0.50% and voted to maintain the size ...
