Category: Daily Forex Reports

Market Notes: The BOJ meeting has left the interest rates unchanged at 0.1%. The economic recovery estimation has left unchanged and is expected to remain moderate until mid-2010/11.

Past events: • GBP Claimant Count Change out at 23.5K versus expected -14.6K, previous -9.6K• USD Building Permits out at 0.62M versus expected 0.63M, prior 0.65M• JPY Overnight Call Rate out at 0.1% versus expected 0.1%, prior...

The Forex market awaits crucial U.S. data today in the PPI and Unemployment Claims figures at 13:30 GMT. These publications are set to drive the pace of the forex market throughout the trading day. Forex traders are...

USD/JPY – 91.07.. BOJ kept overnight call rate target unchanged at 0.10% and stated it will maintain very easy monetary conditions. Market reaction to the announcement is somehow muted.http://www.acetraderfx.com

GBP/USD – 1.5648..We did remind readers in our 07:01GMT update y’day to buy cable on dips n take profit b4 release of BOE’s meeting (dovish) minutes. The pound retreated b4 the release n briefly dipped to 1.5735...

Market Review – 17/02/2010 22:47GMT Dollar gains on upbeat U.S. data and possible assets sales program The dollar rose against its major counterparts after housing and manufacturing reports beat forecasts and Federal Reserve minutes showed officials proposed...

Market Notes: The TIC Flows report yesterday showed that China sold off enough US debt in December to let Japan become the new number one holder of US debt.

ForexPros Daily Analysis February 17, 2010 Fundamental Analysis: BOJ Press Conference The Bank of Japan will be holding a press conference, their preferred method of communicating with investors. Topics at such conferences generally include economic outlook, inflation...