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  • North American Edition2014-09-18 06:46 UTC

    Narrow ranges have prevailed in pre-FOMC trade. The dollar was steady after seeing some weakness in post-London trade in New York yesterday after WSJ Fedwatcher Hilsenrath said that the Fed is set to retain "considerable time" in its policy lexicon. Markets had been entertaining the idea that this phrase would be dropped, which in the event would mark a baby-step toward policy normalization. EUR-USD settled around 1.2950, below yesterday's two-week high ... Read More 

  • European Edition2014-09-17 06:41 UTC

    Narrow ranges prevailed in pre-FOMC trade. The dollar was steady after seeing some weakness in post-London trade in New York yesterday after WSJ Fedwatcher Hilsenrath said that the Fed is set to retain "considerable time" in its policy lexicon. Markets had been entertaining the idea that this phrase would be dropped, which in the event would mark a baby-step toward policy normalization. EUR-USD settled around 1.2950 after making a two-week low at 1.2995 ... Read More 

  • Asian Edition2014-09-17 19:04 UTC

    The dollar took an early hit in N.Y. on Wednesday, following a cooler than expected August CPI report. The greenback sold off to session lows, though eventually perked up some into the London close. EUR-USD peaked at 1.2981 after the data, before putting in a floor of 1.2938, just under London's base. USD-JPY fell to 107.15, though managed to rally back to 107.66 multi-year highs. Later, the dollar spiked higher after the FOMC announcement, despite the ... Read More 

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