Australia: RBA Foreign Exchange Transaction (Jan): 393M

Feb 21, 2013

Forex Flash: Fed risks rise QE tapered off sooner - Standard Chartered

So its seems as though several Fed members are willing to alter the pace of bond purchases based on forthcoming economic data, which resulted in a significant appreciation of the US Dollar.

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Feb 21, 2013

Forex: EUR/JPY still above 124.00 for third week

EUR/JPY is last at 124.58, off fresh weekly lows at 124.16, printed on Euro weakness and USD strength following latest FOMC meeting minutes, where indicated stimulus may end, which also weakened Yen, printing a daily high at 94.05 against USD. The EUR/JPY cross is currently finding resistance at Tuesday's previous weekly lows. Nikkei index opens to the downside around the 11400 points handle, already bouncing but still -0.28% down for the day.

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