The dollar consolidated against the yen on Wednesday, but inched to fresh highs against a basket of its major rivals thanks to strong US data on Tuesday and rising expectations that the Bank of Japan will take additional easing steps.

Key Points

• The British Pound suffered a setback against the Swiss Franc recently, as it traded down.
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Key Points

• The Euro after trading as low as 115.47 against the Japanese yen managed to gain Read More →

After a relatively quiet calendar on Monday, the economic docket picks up today with (amongst others) CPI, RPI and PPI numbers from the UK; Zew survey from the EZ; and US housing starts this afternoon.

In the UK inflation Read More →