Flash: Fed speeches in focus - BTMU

FXstreet.com (Barcelona) -Lee Hardman, FX Analyst at the Bank of Tokyo Mitsubishi UFJ notes the main focus in the US trading session will likely be upon two upcoming speeches from Fed officials.

Hardman notes that Fed Vice Chairman Dudley, is scheduled to speak upon the labour market, and Governor Powell who is scheduled to speak upon monetary policy. He writes, “Investors will assess whether they display the same policy view that Fed QE tapering may start later this year and end in the middle of 2014.”

Flash: Commodity currencies led by USD - UBS

A technical look at today´s Commodity currencies and can see a mixed outlook.
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Italian borrowing costs rise at debt auction

The Italian Ministero dell’Economia e delle Finanze held a debt auction on Thursday during which it sold a total of 5 billion euros worth of 5- and 10- year bonds, meeting the maximum target of 4-5 billion euros.
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