Results for 'USD/JPY'
6 articles with this tag name
Updated Feb 22, 2012 3:15:00 PM
Following approval of Greece’s second bailout package, markets have displayed a certain lack of enthusiasm, which is understandable given the still very severe plight facing Greece in the weeks and months ahead. Beyond the likely failure of Greece to meet deficit targets further down the road due to its deep recession and impending budget cuts, we think there are near-term risks ahead in the implementation of the required reforms, most clearly in the Greek government
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Updated Apr 14, 2011 10:15:00 PM
‘Relative yield differentials’, ‘relative rate spreads’, ‘carry trade’……. Almost any form of FX related discussion/analysis in the past month has been accompanied with references to the above mentioned terms, mainly as being the fundamental drivers to recent JPY and USD weakness. Investors/traders always chase yields and until U.S. & Japanese monetary policies show signs of reversing, such is likely to remain a dominant theme for currency markets in the foreseeable future. For the
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Updated May 31, 2012 3:00:00 PM
Summary Outlook: On Friday, June 1 at 0830ET/1330GMT the US is forecast to report a change in non-farm payrolls (NFP) of +150K (prior +115K; range +225/+75K), a change in private payrolls of +160K (prior +130K; range +190K/+80K) and a steady unemployment rate of 8.1% (range 8.2/8.0%), according to Bloomberg market surveys. Recent employment data has been relatively mixed, however it broadly suggests continued softness in the labor market. While weekly initial jobless claims rose
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Updated Dec 1, 2011 3:45:00 PM
US Nov. Employment Report Summary Outlook: On Friday, Dec. 2 at 0830ET/1330GMT, the November employment report will be released. Expectations are for a non-farm payrolls change of +125K (prior +80K; range of estimates +75/+175), a private payrolls change of +150K (prior +104K; range +110/+190), and a steady 9.0% unemployment rate, according to Bloomberg surveys. This past Wednesday, the ADP national employment report, roughly comparable to private payrolls, showed a +206K increase, larger than the expected
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Updated Apr 24, 2012 2:35:00 PM
Summary Outlook On Wednesday at 1230EDT (1730GMT), the FOMC will release its policy statement after concluding its second 2-day meeting of the year. This also marks the second time by which the Committee’s projections regarding the current and future economic situation will be accompanied by members’ assessments as to the appropriate timing and pace of policy changes via their respective forecasts’ for the Fed funds rate, set for release at 1400EDT (1900GMT). Chairman Bernanke’s press
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Updated Jan 24, 2012 2:30:00 PM
January FOMC Decision and Press Briefing Summary Outlook: Tomorrow, Wednesday, January 25, at 1230ET/1730GMT, the FOMC is expected to announce a steady interest rate policy of between zero-0.25% and deliver a largely unchanged economic outlook in its accompanying statement, but possibly noting cautious optimism on some fronts. Just prior to the 1415ET/1915GMT press briefing by Fed Chair Bernanke, the Fed will also release the quarterly update to its forecasts for GDP, unemployment and inflation, and
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