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Waiting for Bernanke - Forex traders coiled for action.
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The mood on the trading floor as markets wait for Ben Bernanke's message to the world. There's plenty of speculation the Federal Reserve might ease its quantitative easing programme. Until we get the news the dollar's been trading in a fairly tight range.
And dealers aren't just waiting for the Fed. They're waiting to see what comes out of a two day Bank of Japan policy meeting.
The pound fell back after inflation slowed more than economists were expecting. It's at a six week low against the dollar.
And dealers aren't just waiting for the Fed. They're waiting to see what comes out of a two day Bank of Japan policy meeting.
The pound fell back after inflation slowed more than economists were expecting. It's at a six week low against the dollar.