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  • North American Edition2014-09-18 11:36 UTC

    The dollar has been mixed since the New York close yesterday, with USD-JPY extending to a fresh major-trend high of 108.67, before settling to the 108.30 area, while the greenback corrected some of the gains seen in the wake of the FOMC statement yesterday against the euro and other currencies. Japanese export offers were see selling USD-JPY, while there was talk that the speculative market had got itself overly long dollars. EUR-USD recovered to the ... 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 Edition2014-09-18 18:26 UTC

    Post-FOMC profit taking weighed on the dollar in N.Y. trade on Thursday, despite firmer yields and another Wall Street rally. The greenback was supported briefly by a much lower than expected initial jobless claims print, though it appeared the FX market took advantage of the bounce to sell into. EUR-USD touched 1.2857 lows after the data, before rebounding to session highs of 1.2928. USD-JPY meanwhile, rallied to trend highs of 108.96, before being ... Read More 

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