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.
EUR/USD: QE's next chapter has the final answer by FXstreet.com
Where has the smart money been active ahead of Bernanke? by FXstreet.com
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...
USD − Cue in Bernanke
Currencies and equities traded higher today ahead of Federal Reserve Chairman Ben Bernanke's testimony before the Joint Economic Committee.
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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