fxcenterUSA
Tuesday February 7th 2012 site map
contact us
fxcenterUSA
Markets Today
Indicative FX Rates
Indicative Interest Rates
Opening Deposit Rates
Morning Comment
Weekly Brief
Exchange Rate Monthly
Irish Housing Market
Interest Rate Comment
Tools & Calculators
Historical Rates
Currency Trends
Exotic Calculator
Global World Facts
Library
The Learning Center
Definitions
Contact Us
Frequently
asked questions
terms & conditions
privacy statement


Yen Weakens as Data Show Intervention in November
As at Tuesday February 7th 2012
Recent Commentaries >


The yen dropped to a one week low against the dollar after government data showed Japan carried out so called stealth intervention to weaken it in November. Japan’s currency fell versus all but one of its major peers after the Ministry of Finance indicated the nation sold over 1 trillion yen against the dollar on the first four days of November.

The Australian dollar surged to the highest in six months after Reserve Bank policy makers unexpectedly left interest rates unchanged and signalled optimism global economic growth will strengthen.

The pound has gained less against the euro during bouts of risk aversion which signals its safe haven appeal has started to wane. The United Kingdom has fallen back into recession and will grow less than previously forecast.

Today's Opening Rates (Mid-Rate) (as at 08:30 E.D.T.)


  EUR/USD1.3145    NZD/USD.8319    USD/JPY76.67    EUR/GBP.8278  
  GBP/USD1.5789    USD/PLN3.1858    USD/CHF.9198    USD/MXN12.7052  
  USD/CAD1.0002    USD/DKK5.6652    AUD/USD1.0795    USD/SEK6.7234  

Equity Indices (as at 08:30 E.D.T.)


  I n d i c e sDow     12,845FTSE    5,859ISEQ  
  3,072Nikkei    8,917Nasdaq    2,901undefined  

Indicative Opening Deposit Rates


Time Period $ Deposit Euro Deposit
1 week 0.85 0.95
2 week 0.85 1.00
3 week 1.00 1.05
1 month 1.15 1.10
2 month 1.35 1.15
3 month 1.60 1.30
6 month 2.15 1.50
9 month 2.35 1.65
12 month 2.50 1.70



This week we will feature

• Economic Indicators

• Euro Land

If you require any previous copies of this publication, or would like a colleague to receive a copy, please contact us at:

Treasury@aibny.com

 

© 2002-2003 Allied Irish Banks. All rights reserved.AIB Customer Treasury Services is a registered business name of Allied Irish Banks, p.l.c.
Allied Irish Banks, p.l.c. is regulated by the Central Bank of Ireland. Registered Office: Bankcentre, Ballsbridge, Dublin 4.
Registered in Ireland : Registered No. 024173. Allied Irish Banks, p.l.c., New York Branch, is a branch licensed by the New York State Banking Department. Copyright 2001.