Tags: bank of japan

Early Morning Forex Comment


24th March 2006
The US Dollar traded sideways in a quiet Asian trading session, with most currency traders willing to sit on the sidelines. The Federal Reserve FOMC meeting next Tuesday and Wednesday, and the end of the Japanese fiscal year are the main points of focus… more »
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Economic Calendar for Today


14th March 2006
Economic Calendar for: Tuesday 14th March 2006 Time GMTeventexpectprevious02.00Japan 2nd Qtr Manpower Employment Outlook04.00Japan January Final Industrial Production mth on mth -7.0 pct04.00Japan January Final Industrial Production yr on yr 2.1 pct2.1… more »

Dollar Closes Unconvincingly Bid ( part 2 )


11th March 2006
The Japanese Yen closed at its weakest level since 12 December 2005 at 119.00, just under major resistance. The release of the US employment data had moved it from 118.60 as the US Dollar was universally bought by eager currency traders. It would need a… more »
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Mid morning Forex market comment.


10th March 2006
The initial reaction of the Forex markets to the Bank of Japan (BOJ) announcement to their change in policy was to send the Japanese Yen firmer. However, as is so often the case, the headline tells the story that the financial markets want to hear but th… more »
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Morning Forex market comment.


10th March 2006
When I had arranged to take yesterday off, I could hardly have chosen a busier day to step away from the markets. However sometimes you get so close to the markets you can’t actually see what is going on. You can’t see the wood for the trees. So the Bank… more »