Post Tagged with: "Jeffrey Lacker"
Forex Daily Outlook – March 2nd 2009
The EU Crisis Summit didn’t provide big headlines, but Monday has a lot of important economic figures. The major ones are the British Manufacturing PMI, Canadian GDP and the American ISM Manufacturing PMI. Yes, PMI is everywhere… In PM (Purchasing Manager’s Index), a level under 50 indicates contraction. The expectations everywhere are in the 30s. Let’s see
Forex Daily Analysis – January 16th 2009
The last day of this week opened with Bank of Japan Governor Masaaki Shirakawa speech. He said that the BOJ sees the economy struggling, and that they may respond in purchasing corporate debt. Cut rates are not an option, considering Japan’s 0.1% interest rate. USD/JPY now trades above 90, at 90.34. Elsewhere, the dollar loses ground
Forex Daily Analysis – January 9th 2009
Non Farm Payrolls are published in the USA. This will affect all Forex market. More about Non Farm Payrolls. And before the NFP is published, the dollar is slightly waker today. USD/JPY and GBP/USD are moving against the dollar, while the EUR/USD and USD/CHF are rather stable. German Retail Sales were surprisngly good, with a rise