(11/11) DailyFX - U.S. Open - DailyFX Forex Forum

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(11/11) DailyFX - U.S. Open

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11-11-2009, 08:26 AM

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(11/11) DailyFX - U.S. Open

Talking Points

• Japanese Yen: Mixed Across the Board
• Pound: Jobless Claims Rise Less Than Expected
• Euro: ECB Sees No Imminent Shift in Policy
• US Dollar: Risk Trends to Drive Price Action

The British pound jumped to a high of 1.6799 as the Bank of England raised its outlook for growth and inflation, but tumbled to a low of 1.6621 during the quarterly inflation report as Governor Mervyn King held a cautious outlook for the economy.

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DailyFX Research Team
research@dailyfx.com

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