Sunday, March 17, 2013

Focused market to the results of the meeting of the Central Bank

Pasar Terfokus ke Hasil Rapat Bank Sentral

Monexnews-the market Focus today (Thursday, 7/3) will be fixed on the results of the meeting of the Bank of Japan (BoJ), the Bank of England (BOE) and the European Central Bank (ECB), which will announce their policy decisions today.

And almost the majority among investors predict they will maintain or even add to the spirit of policies to support their fragile economy. Speculation that the ECB will give a signal trimming interest rates in the future have weakened the Euro that is currently stuck in the range of $ 1.2987, sheer above the low level in the last three months at $ 1.2965 recorded Wednesday yesterday.

While Sterling slumped 0.2 percent in the observed range of $ 1.4992, after falling to the low level in the 2½-year later at $ 1.4965 Wednesday, hoping the market yesterday as an extra stimulus from the BOE.

While the dollar weakened 0.1 percent against the yen to as low as 93.99, after touching a high of week level above 94 yen on Wednesday, and took her leads to the highest peak in the 33-month at 94.77 last week.(dar)

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Title Post: Focused market to the results of the meeting of the Central Bank
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Author: Mohammad Zulfi Satriawan

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