Archive for June, 2009

USD locked in tight range trade, pares gains as stocks rise

Monday, June 29th, 2009

USD : Mixed, China plans no sudden changes in reserve policy, BIS warns of long economic stagnation JPY : Lower, political uncertainty, calls for Japan’s PM to resign, retail sales flat, industrial production rises EUR: Mixed, business climate and economic sentiment improve, ECB policy uncertainty CHF : Lower, pressured by threat of SNB intervention, CPI due for release Friday GBP : Higher, despite report of falling home prices and S&P warning that UK debt could rise to 200% of GDP CAD and


USD locked in tight range trade, pares gains as stocks rise

Monday, June 29th, 2009

USD : Mixed, China plans no sudden changes in reserve policy, BIS warns of long economic stagnation JPY : Lower, political uncertainty, calls for Japan’s PM to resign, retail sales flat, industrial production rises EUR: Mixed, business climate and economic sentiment improve, ECB policy uncertainty CHF : Lower, pressured by threat of SNB intervention, CPI due for release Friday GBP : Higher, despite report of falling home prices and S&P warning that UK debt could rise to 200% of GDP CAD and