Fed nominee Fischer calls for making financial stability an explicit policy focus

(Reuters) – Stanley Fischer, U.S. President Barack Obama’s pick for the No. 2 spot at the Federal Reserve, dove in Wednesday to one of the most important debates at the U.S. central bank, as he called for making financial stability an “explicit” policy focus…

Daily Forex Market Review 11/19/13 (+27.5 pips)

Today’s Trade Result: +27.5 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

Yellen to appear before the Senate Banking Committee on November 14

(Reuters) – Janet Yellen will be forced to defend the Federal Reserve’s ultra-easy monetary policy when she faces senators later this week, but critics have little hope of sinking her nomination to become the first woman to ever lead the U.S. central bank…

Fed can afford to be patient in deciding when to taper: Rosengren

(Reuters) – The Federal Reserve can afford to be patient in deciding when to begin scaling back its bond purchases because there will be little difference to the size of the Fed’s balance sheet whether the U.S. central bank…

Daily Forex Market Review 10/21/13 (+40 pips)

Today’s Trade Result: +40 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

Top 10 Weekly Forex Market Headlines – 10.18.2013

1. China: It’s time to build a ‘de-Americanized’ world October 15, China is taking advantage of the government shutdown and budget crisis on Capitol Hill to push for more favor on the world stage, telling other nations that relying on America to lead in the coming decades would be… 2. Analysis: Janet Yellen could turn […]

Analysis: Janet Yellen could turn out to be ‘quite hawkish’

Like her or dislike her, the thing almost everyone who talks about Janet Yellen agrees on is that President Obama’s nominee to chair the Federal Reserve is a dove…

Janet Yellen as Fed chief: Questions she will likely face for Fed confirmation

(Reuters) – U.S. lawmakers unhappy with the Federal Reserve will have a prime opportunity to vent their concerns when the Senate Banking Committee vets Janet Yellen as next chair of the Fed…

Daily Forex Market Review 09/10/13 (+41.5 pips)

Today’s Trade Result: +41.5 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

Hawk and dove officials agree Fed could start tapering this year

(Reuters) – One of the Federal Reserve’s most hawkish officials urged the central bank on Friday to curb bond buying to $70 billion a month when it meets later this month…

NZ RBNZ Interest Rates | July 24, 2013 | Currency News

RBNZ Interest Rates or OCR is expected to be unchanged today as RBNZ is widely expected to keep interest rates at 2.5% for the foreseeable future.  RBNZ Governor Wheeler has been a dove, therefore I’d still recommend to pay attention to Wheeler’s statement along with the rate decision. 5:00pm (NY Time) RBNZ Interest Rates Decision […]

Has The Market Misread Bernanke?

Has The Market Misread Bernanke? That is the question, isn’t it?  With Fed officials coming out in droves to clarify Fed’s position on bond purchases just few days after the FOMC Press Conference, especially after seeing the sharp sell-off in equity markets, it does make one wonder if it’s indeed Fed’s intention to signal strong […]

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