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  • North American Edition2014-08-22 11:19 UTC

    Directional impetus is limited after the bout of dollar-long position squaring that has been seen ahead of the Jackson Hole conference. EUR-USD ebbed back to the 1.3270 area after making a high of 1.3296, having stalled shy of 1.3300. USD-JPY has ebbed below 103.70 after capping out four pips shy of 104.00 yesterday, which was a four-month high. Read More 

  • European Edition2014-08-22 07:09 UTC

    The dollar has been trading softer, with EUR-USD lifting to the upper 1.32s, USD-JPY ebbing to the 103.70 area after capping out four pips shy of 104.00 yesterday, and AUD-USD rising to a three-day high of 0.9329. The move has occurred despite net forecast-beating U.S.. data yesterday, with position squaring has been at play into the Jackson Hole conference. Former Fed vice chairman Donald Kohn said that the Fed could raise interest rates as early as the ... Read More 

  • Asian Edition2014-08-21 18:29 UTC

    The dollar pulled back from its best levels in N.Y. trade on Thursday, despite the generally better U.S. data. Jobless claims were a touch lower than expected, home sales firmed up, while leading indicators, flash PMI and Philly Fed index all beat the street. Dollar buying in the aftermath of the FOMC minutes on Wednesday was perhaps a little overdone, and it appeared some positions were pared down on Thursday into Yellen's Jackson hole speech on Friday. ... Read More 

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