| Global Imbalances are Back on the Agenda
September 25, 2009 at 4:17 am
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| | The US dollar was weak for the most part in the first half of the week, but regained some ground after the Fed Open Market Committee meeting. The movement was triggered primarily by favourable equity markets and expectations that the Fed would confirm its expansive monetary policy stance. On Wednesday... |
| Weekly Market Commentary
September 25, 2009 at 4:13 am
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| | Plenty of FX volatility: Canadian dollar, Mexican peso and Sterling the weakest, South Korean won, Kiwi and Norway the strongest. As well as banking jitters, comments from the Bank of England's Mervyn King that sterling weakness would help to rebalance the economy away from (nasty) financial services and help exports... |
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