EUR/USD working its way higher thru 1.2920/40 supply zone
The Euro is developing a fresh leg higher at the Tokyo open, sending the rate, for a third consecutive day, higher than its previous day highs. Current price stands at 1.2934, session high, from 1.2902 open.
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It will be hard for the BOJ to surprise markets this month: early April the Central Bank launched an aggressive campaign to fight deflation, announcing a set of policies that that exceeded market expectations...
KATHY LIEN
USD − Cue in Bernanke
Currencies and equities traded higher today ahead of Federal Reserve Chairman Ben Bernanke's testimony before the Joint Economic Committee.
GREGORY MCKENNA
Waiting for Bernanke, stocks up USD pressured
Tonight is a big night for stocks and markets more broadly because when Bernanke speaks he is likely to get a reaction.
| 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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