Foreign exchange moves have been rather uninspiring, unless you are Cable of course, as investors wait to see if they are served up any clues on how many U.S. Federal Reserve members are in favor of ending quantitative easing (QE) early. The prospect of a QE exit is likely to limit further dollar losses. So far this morning, investors are clinging to yesterday's strong improvements in the German ZEW and likely strength in the upcoming German IFO Business Climate Index and Purchasing Managers' In...
Foreign exchange moves have been rather uninspiring, unless you are Cable of course, as investors wait to see if they are served up any clues on how many U.S. Federal Reserve members are in favor of ending quantitative easing (QE) early. The prospect of a QE exit is likely to limit further dollar losses. So far this morning, investors are clinging to yesterday's strong improvements in the German ZEW and likely strength in the upcoming German IFO Business Climate Index and Purchasing Managers' In...
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