EUR/USD keeps highs around 1.2930/40
The bloc currency remains in session highs in the boundaries of 1.2940 on Wednesday, as market participants are shifting their focus on the FOMC minutes and Bernanke’s testimony.
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UK in focus ahead of BoE minutes and retail sales
Attention is going to be back on the UK on Wednesday, with minutes from the Bank of England meeting earlier this month and retail sales data for April both due to be released.
The Bank of Japan elected not to adjust its current easing plans. Instead, the bank retained its commitment to its plan announced in April to increase the supply of money in the economy by 60−70 trillion a year.
SLOBODAN DRVENICA
Technical Summary for Majors
The Euro maintains positive near−term tone and holds above 1.2900 support...
CORNELIUS LUCA
Gold and oil are slightly lower
The foreign currencies consolidated in the Far East after most of them reversed at least...
| World Interest Rates | |||||||
|---|---|---|---|---|---|---|---|
| US: 0.25% | EMU: 0.5% | UK: 0.5% | JP: 0.1% | CH: 0% | CA: 1% | AU: 2.75% | NZ: 2.5% |
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