Sterling Digest: March 12, 2012

• Posted by faithmight
• on March 12th, 2012

Lots of big talk made for lots of nice moves in the forex markets today. These central banks are only warming up with comments from Japan today ahead of their official interest rate decision tomorrow. But the $FED has taken to jawboning too. They also release a decision tomorrow but have been in the press for weeks. Lots of focus has been on the $USDJPY with its recent moves higher which should make the conspiracy theorists among us very anxious for Tuesday trading. At any rate, sterling flows were liquid in both directions today depending on your currency pair.

• UK Highlights Of Market News’ Forecast Surveys; Events (Forex Live)
• Japan Sends a Signal on Yen (WSJ)
• No hint of exit from Fed this week (WSJ)
• Here’s Who’s Footing The Bill For Greece’s Default (BI)
• The Fed Has No Idea What Happens Next – And That’s Okay (The Reformed Broker) [underscores this post]
• Charts I am watching, week of March 12 (PeterLBrandt.com)
• GBPUSD Update (50′s Blog)
• EURGBP Update (50′s Blog)
• Charts, 2012 – Week 11 (Stoic Trading)

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