Posts Tagged ‘shops’
Markets and reactions in forex
December 22nd, 2009
The markets are reflecting on the planned actions of the U.S. Federal Reserve, resulting in a dollar eased in Asian forex markets today.
As reported at 2:49 pm (JST) in Tokyo, the dollar index remained relatively flat, trading at 76.407. DXY, down from 6-week high reached last week.
Analysts expect the Federal Reserve will continue to embrace a pacifist tone, and make little mention of recent strong economic data.
The two-day meeting begins today's politics, and although most market players do not believe that a change in interest rates is close, they are interested in reading the spin that the central bank puts on the latest news is optimistic. (more...)
Tags: Asian forex markets, economic data., Nokia, shops, U.S. Federal Reserve, usa