mth high after Fed’s Operation Twist

Federal canada goose coats women’s canada goose on sale Reserve Canada Goose Coats On Sale said it would shift its portfolio in favour of long term debt.

The dollar was also bolstered by inflows, as the Fed failed to satisfy those hoping for bolder monetary easing, sending canada goose store shares, commodities and risk related currencies such as the euro and the Australian dollar tumbling.

The Fed unveiled a programme, dubbed Twist putting more downward pressure on long term interest rates in a bid canada goose uk outlet to help the ailing canada goose black friday sale housing sector.

An important dollar positive by product of the cheap Canada Goose Fed programme is higher short canada goose clearance term rates. Another factor supporting the greenback is the Fed decision not to increase the money supply, sending the dollar index to 77.875, its highest since late February.

The euro edged back towards a seven month low of $1.3495 plumbed last week, coming off an overnight peak at $1.3800 to trade at $1.3581 with bears targeting stop loss orders Canada Goose Outlet lurking around $1.3500. cousin to last trade at 1.0057 its lowest since Aug. 9.

be honest, I surprised canada goose uk shop to see canada goose factory sale so much risk aversion after the Fed. I didn think that many people had expected Canada Goose Jackets the Fed to expand its balance sheet, but it cheap canada goose uk seems like some had been wishing uk canada goose for a bolder easing move, said Teppei Ino, a currency analyst at Bank of Tokyo Mitsubishi UFJ in Tokyo.

SHOUTING DISTANCE this event over, the market focus shifts now squarely back to the euro zone and the next economic indicators. We all have to wait to see if Greece gets another tranche of Canada Goose Parka bailout money, Ino said.

The Fed sounded downbeat on the state of the economy and said economic growth remained slow, with recent indicators pointing to continuing weakness in overall labour market conditions and the unemployment rate remaining elevated.

On Wednesday, Greece outlined key measures to help alleviate the country fiscal problems.

It adopted further austerity measures to secure a canada goose bailout instalment crucial to avoid running out of money next canada goose coats month, as the International Canada Goose Online Monetary Fund warned that Europe sovereign debt crisis risks tearing a giant hole in banks capital.

The yen was stuck at 76.59 to the dollar, after climbing within shouting distance of its record high against the dollar of 75.94 the previous day, although traders said more dollar selling from Tokyo exporters could soon spur a yen canada goose uk black friday spike to new all time highs.

Against the Swiss franc, the dollar canada goose clearance sale held steady around 0.9000 francs after jumping 1.5 percent overnight, pushed up by the buy canada goose jacket cheap euro which muscled in on the Swissie on talk that the Swiss National Bank may lift its euro/Swiss target to 1.25 canadagooseoutlet4online from 1.20. The SNB declined comment.

The euro last traded steady at 1.2224 francs.

Investors dumped a whole range of so called risk currencies with the uk canada goose outlet New Zealand dollar shedding 0.7 percent buy canada goose jacket to $0.7980, off an $0.8241 peak hit the day before.

The kiwi was hurt by data canadian goose jacket showing New Zealand economy grew more slowly than Canada Goose online expected in the June quarter, backing views that the central bank is likely to keep interest rates low for longer in the wake of global uncertainty Canada Goose sale.

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