USD: Fed Pres Talks QE3, Oil Gives up Gains

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TODAY'S BIGGEST PERCENTAGE MOVERS

GBP/JPY -158 pips -1.17
GBP/CHF -170 pips -1.13
EUR/GBP +72 pips +0.85

THE STORIES IN THE CURRENCY MARKET

EXPECTATIONS FOR UPCOMING FED MEETINGS

CURRENT US INTEREST RATE: 0.25%
03/15 Meeting 04/27 Meeting
NO CHANGE 27.1% 7.7%
CUT TO 0BP 72.9% 78.1%
HIKE TO 50BP 0.0% 2.2%

USD: FED PRES TALKS QE3, OIL GIVES UP GAINS

How Does an Oil Crisis Impact the U.S. dollar

EUR: WEBER JOINS IN WITH COMMENTS ON INTEREST RATES

GBP: CBI REPORTS PULLBACK IN CONSUMER SPENDING

CBI

NZD: LOCAL ECONOMISTS FORECAST MARCH RATE HIKE

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JPY: STRONG YEN TO MITIGATE INFLATION RISKS

GBP/USD: Currency in Play for Next 24 Hours



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Forex and Currencies

Referenced Stocks: CBI

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