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Eamonn Sheridan

Singapore central bank will re-centre the mid-point of S$NEER band up to prevailing level

The Monetary Authority of Singapore is the country's central bank: Will re-centre the mid-point of the S$neer policy band up to its prevailing levelSays no change to the slope and width of the...

Japan MoF official does not confirm, or deny, Thursday’s USD/JPY intervention

Adam posted on the drop in USD/JPY, and then its roar back:In Japan it's the Ministry of Finance that directs the Bank of Japan to intervene in the FX market. An official at...

EU Economic Commissioner Gentiloni: US inflation still rising – tightening is unavoidable

EU Economic Commissioner Gentiloni:says the US infaltion rate is still risinginflation in Europe is linked to energy pricesmonetary policy fighting will continue, its not avoidable we must avoid a clash between fiscal and...

RBC are forecasting a retest of the recent lows in GBP/USD – in the months ahead

A snippet from RBC on what they see for the Bank of England and cable ahead. On the BoE, RBC say that the terminal rate of approximately 6% "priced into the market (including...

NZ fin min Robertson says New Zealand needs to diversify trade away from China

New Zealand Deputy PM and Finance Minister Robertson comments crossing:NZ has good economic fundamentalsNZ needs to diversify trade away from China-Its always a good idea to diversify trade. What Robertson is very cognizant...

Japan fin min Suzuki says excess FX volatility, disorderly moves, can hurt economy

<p>Japan finance minister Suzuki </p><ul><li> excess fx volatility, disorderly moves can hurt economy, financial stability</li><li>told G20 Japan is deeply worried about recent sharp forex volatility</li><li>explained that the recent yen intervention was prompted by...

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