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06.11.2014 09:54

Press Review: Dollar steadies near seven-year high vs yen; eyes on ECB

REUTERS

Dollar steadies near seven-year high vs yen; eyes on ECB

The dollar steadied after hitting a seven-year high against the yen on Thursday as traders sold into a steep rally ahead of a European Central Bank meeting later in the session and U.S. nonfarm payrolls data on Friday.

Source: http://www.reuters.com/article/2014/11/06/us-markets-forex-idUSKBN0IQ0B620141106

BLOOMBERG

BOJ Runs Into Critical Analysts After Kuroda Easing Shock

While Kuroda said he didn't intend to surprise anyone with the decision to bolster already-unprecedented easing, springing the news on the market added to the punch. The risk for Kuroda is that he may undermine the BOJ's credibility with some people in the market who count on central bank officials for clear and timely communication.

Source: http://www.bloomberg.com/news/2014-11-06/boj-runs-into-critical-analysts-after-kuroda-easing-shock.html

REUTERS

PRECIOUS-Gold ticks up as dollar eases, but still near 4-1/2 year low

Gold edged up slightly on Thursday as the dollar took a breather after a sharp rally, but the safe-haven metal continued to languish near its lowest level since April 2010 with fears mounting that $1,000 an ounce is the next target.

Source: http://www.reuters.com/article/2014/11/06/markets-precious-idUSL4N0SW1N620141106

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