USD: Mixed, China’s reserve rate hike seen as minimal threat to global growth JPY: Lower, BOJ may succumb to government pressure to ease monetary policy further in 2010 EUR: Higher, Greek finance minister says Greece will not need a bailout from the EU or IMF GBP: Higher, BOE Sentance says interest rates may have to [...]

USD: Mixed, disappointing earnings at Alcoa, trade gap widens, China begins to curb lending JPY: Higher, supported by safe haven and repatriation flows EUR: Lower, pressured in cross trade to JPY and GBP, concern about global growth as China tightens GBP: Higher, trade deficit narrows as exports surged and Tories gain in election polls CAD [...]

FX Highlights The USD is trading mixed as equity markets decline and China raises reserve requirements 50bps points, the rise in China’s reserve requirements is a prelude to a possible rate hike and generates concern about the sustainability of the global recovery, JPY initially pressured by a statement from a Chinese sovereign fund official that [...]

December Dollar Gains Wound-back CURRENCY TRADING SUMMARY -12th January (00:30GMT) U.S. Dollar Trading (USD) the weak Dollar tone from Friday continued into the new week with Gold surging at the open and EUR/USD breaking above the key 1.4500 level. US stocks made fresh 2010 highs on the back of the weaker Dollar and low Interest [...]

USD: Lower, diminished Fed rate hike speculation, optimism about the global recovery JPY: Higher, gains limited by selling in cross trade, EUR/JPY tops 134.00 EUR: Higher, improving risk appetite, shrugs off of possible downgrade of Portugal’s debt rating CHF: Higher, strong Swiss retail sales, gains limited by threat of SNB intervention GBP: Higher, business optimism [...]