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Flash: Don’t expect any Fed tapering until early 2014 – ANZ

FXstreet.com (Barcelona) - Richard Yetsenga, Head of Global Markets Research at ANZ, believes that it is easy to associate strong recent global currency moves with expectations of future Fed activity.

Nevertheless, he continues to note that ANZ economists are certainly not expecting any Fed tapering of its bond purchases until early 2014. He continues to add, “The recent fall in inflation indicators is supportive of that call, as are the underlying signs of further repair still needed in the US labour market.”

AUD/USD consolidates losses below 0.9800

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Flash: Looking at a long EUR/SEK position - RBS

With EUR/SEK slightly up on the week at 8.5916 but just off Tuesday´s weekly high at 8.6570, the highest since early February, RBS Strategist Greg Gibbs can see a potential trade opportunity.
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