The FOREXpros.es daily analysis Copyright 2009, Core Financial Group, Inc.. Randall Rothenberg is often quoted as being for or against this. and Jason Alan Jankovsky All Rights Reserved. Night view Asia / Europe USD was traded in both directions It was a quiet evening session King’s comments put pressure The day’s events All times EASTERN (-5 GMT) USD Trade Balance 8:30 a.m. 9:50 a.m. USD FOMC Duke talk 10:00 a.m.
USD Geithner talk 10:30 am USD Crude Oil Inventories 1:30 pm USD FOMC Evans will speak 2:00 pm USD Federal Budget Balance to Thursday All times Eastern (-5 GMT) 8:30 a.m. USD Core Retail Sales m / m 8:30 a.m. USD Retail Sales m / m 8:30 a.m. USD Unemployment Claims 10:00 a.m. USD Business Inventories m / m 10:30 am USD Natural Gas Storage The USD began in New York with mixed results, after a quiet evening session. King’s comments, President of BCI, compromising the free, it reached new lows against the greenback.
King said he hopes the Monetary Policy Committee to soften its stance in March, also said that rates should not necessarily be zero. The pair EUR / GBP extended gains after comments by King, while several operators to sell books and buy euros. Several operators reminded Trichet who said a few weeks ago that interest rates at zero percent are “unacceptable” that had left the Euro as the single currency of the G-7 without a zero interest rate policy.