Sat, 23 Aug 2014 02:52:05 GMT
Is the Fed Closer to Raising Rates?
“There are facets of the labor market that still remain some distance from where we want to be when we begin a tightening cycle. I'm the camp that still sees a reasonable amount of slack that can be absorbed if we are a little patient before raising interest rates.
Sat, 23 Aug 2014 02:51:55 GMT
South Korea's FX Trading Volumes Plunge in the Second Quarter
South Korea's FX trading volumes fell in the three months through June 30 this year after the low volatility weighed on the won-dollar pair, which traded within a narrow range, reported the central bank on Friday. The average daily turnover in the FX market ...
National Bank increases mandatory currency sales to 100%, from 50% - Ukrainian Journal (subscription)
Sat, 23 Aug 2014 02:38:01 GMT
National Bank increases mandatory currency sales to 100%, from 50%
Ukrainian Journal (subscription)
KIEV, Aug. 20 – The National Bank of Ukraine, effective August 21, 2014, has upped the ceiling limit to 100% from 50% for the mandatory sale of receipts of companies and private entrepreneurs in foreign currency on the Ukrainian interbank forex market.
Fri, 22 Aug 2014 11:15:00 GMT
Fed Chair Yellen speaks at 14:00 GMT, while ECB President Draghi speaks at 18:30 GMT. These are the levels to watch in EURUSD, USDJPY, and USDCAD around today's key event risk.
Fri, 22 Aug 2014 07:39:00 GMT
Gold is hanging its hopes on a dovish address from Fed Chair Janet Yellen at Jackson Hole, while crude is left lacking direction with fundamental cues absent.
Fri, 22 Aug 2014 07:00:00 GMT
Another uptick in Canada’s core rate of inflation may spur a larger correction in the USD/CAD as it boosts interest rate expectations.
Fri, 22 Aug 2014 06:04:00 GMT
The British Pound stands out as a candidate for big-splash volatility as markets turn their full attention to commentary from the Jackson Hole Symposium.
Fri, 22 Aug 2014 03:49:00 GMT
Chair Yellen is unlikely to share the fervor of her colleagues, but there has been a notable shift in the broader FOMC view towards hawkishness. As the central bank’s figure head, her comments could carry far more weight – especially if hawkish.