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ADP Employment Report Spurs USDJPY Higher
02/03/10 by Daily Forex Snapshots
Filed under Forex & Futures
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As expected, the Norges Bank kept rates unchanged at 1.75%, leaving the door open to a hike in either the March or May meeting. In the statement they repeated that they saw rates in the 1.25%-2.25% range until late March, and that should the NOK appreciate more than expected, rate hikes may be limited or delayed. EURNOK jumped from 8.1500 to 8.1700 levels on the release as the first… | ||||||||||||||||||||
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