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BOJ’s Morimoto: Expansion of asset buying one strong option if economy worsens – Kyodo
Greek FinMin: Discussion of haircuts, debt restructuring would damage Greek economy, other peripherals
Another EUR/USD buy recommendation
EUR/USD rallies over 1.3700
Greece’s Fin Min: Need Decisions On Ireland, But Not In Haste
Hong Kong govt: To lower loan-to-value ratio for mortgages
For all you Cititechs fans
ECB’s Gonzalez Paramo: Bank’s role in systemic risk council will not affect its price stability objective
Irish Minister: Impossible to say how much money is going to be required until the European/IMF team have examined banks
Irish bailout may unleash vigilantes on Portugal
Japan PM Kan: BOJ taking bolder steps than before
Stark Stresses Importance Of Ban On Govt Debt Monetisation
ECB’s Gonzalez Paramo: Up to Irish govt to decide on measures to take
ECB’s Stark: Monetary policy strategy needs to be geared towards medium term, resist fine tuning temptation
Bernanke’s defends Fed’s policy, turns tables on China
EUR/JPY holding up well in early European trade; stops noted
Cable ticks higher as European trading gets underway
Euro Stoxx 50 futures rise 0.3%
German October PPI stronger than expected

BOJ’s Morimoto: Expansion of asset buying one strong option if economy worsens – Kyodo

Posted:

Always on guard against rapid forex moves Japan long-term yields rising somewhat, want to watch closely FOMC's QE aimed at supporting US economy Won't comment on other central bank's monetary policies BOJ's assrt buying is different from Fed as it includes risky assets

Greek FinMin: Discussion of haircuts, debt restructuring would damage Greek economy, other peripherals

Posted:

Guess that's a dig toward you know who..... No doubt european monetary union will survive Ireland case is different to other countries, problem is banks Decisions have to be taken by Ireland On Ireland, time is of the essence but up to Irish to decide what to do

Another EUR/USD buy recommendation

Posted:

Apparently the Big German (Deutsche) has put out a buy EUR/USD recommendation. Buy 1.3650, target 1.3780 (1.3777 Nov 12 high) Talk in market decent-sized sell orders clustered up at 1.3750.

EUR/USD rallies over 1.3700

Posted:

Has reached session 1.3715 so far, presently at 1.3705. Middle Eastern sovereign buying is said to have been notable in latest leg higher. No specific name/s mentioned. Wonder if it's Qatar sovereign wealth fund buying again? Probably. Middle Eastern buying also seen in cable which has gone up to test aforementioned sell ...

Greece’s Fin Min: Need Decisions On Ireland, But Not In Haste

Posted:

FRANKFURT (MNI) - The point has been reached where decisions need to be taken as to whether Ireland will ask for aid from the EU/ECB/IMF, but the decision cannot be rushed, Greek Finance Minister George Papaconstantinou said Friday. One is ...

Hong Kong govt: To lower loan-to-value ratio for mortgages

Posted:

To raise stamp duty for short-term housing transactions If necessary will come up with more measures to curb property bubbles

For all you Cititechs fans

Posted:

They've apparently put out a buy EUR/USD recommendation. Buy 1.3680, stop 1.3550. Will try and dig out target.

ECB’s Gonzalez Paramo: Bank’s role in systemic risk council will not affect its price stability objective

Posted:

Alright, enough already. I think we've all got the picture. Need to keep reducing dependency on credit rating agencies No time for complacency in working towards new macro-prudential responsibility of central banks

Irish Minister: Impossible to say how much money is going to be required until the European/IMF team have examined banks

Posted:

4 year fiscal plan is just about ready, will be published early next week

Irish bailout may unleash vigilantes on Portugal

Posted:

Bloomberg report

Japan PM Kan: BOJ taking bolder steps than before

Posted:

To support dollar as global key currency USD/JPY has slipped slightly in early European trade, presently down at 83.15 from 83.35 when I arrived. Talk of buy orders lying in wait down at 83.00, sell stops through 82.90.

Stark Stresses Importance Of Ban On Govt Debt Monetisation

Posted:

BERLIN (MNI) - ECB Executive Board member Juergen Stark on Friday stressed the importance of prohibiting the monetisation of government debt. The monetary policy framework has been severely tested during the financial crisis and perhaps, to some extent, damaged, Stark ...

ECB’s Gonzalez Paramo: Up to Irish govt to decide on measures to take

Posted:

Any measures taken by Spain to reinforce recovery credibility welcome

ECB’s Stark: Monetary policy strategy needs to be geared towards medium term, resist fine tuning temptation

Posted:

That's another warning the ECB won't let euro zone debt crisis/European banking concerns hold them back from tweaking rates higher, if they deem it necessary to maintain price stability. Well that's how I read it. EUR/USD stops through 1.3670 have been tripped and this comment has helped extend EUR/USD rally to 1.3698 ...

Bernanke’s defends Fed’s policy, turns tables on China

Posted:

Bloomberg report

EUR/JPY holding up well in early European trade; stops noted

Posted:

EUR/JPY is up marginally since I sat down, presently at 113.95 from around 113.70. Talk of stops now through 114.20.

Cable ticks higher as European trading gets underway

Posted:

Cable has tacked on 30 odd points since I sat down. Risk on trade still seems to have some legs, with European stocks set to open marginally firmer. This despite concerns over possible iminent PBOC rate hike. Talk sell orders clustered 1.6090/00, stops above there.