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Forex Trading Update - G7 pressures China to Make Currency More Flexible

Forex Trading Update - China came under renewed pressure today by G7 nations to make it's currency more flexible. Source: Bloomberg. Canadian Finance Minister Jim Flaherty yesterday said: ``We need to see more flexibility in the Asian currencies''. An official said the group will issue a statement

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FOMC June 2006 Meeting - What will the FED do?

The FOMC June 2006 meeting starts on June 28 and the FED decision will be announced on June 29 at 14:15 EST time. The consensus in for a 25 points increase to 5.25 %. The decision seems almost a done deal, but what are the things that the FED is watching for, and what happens on June 29 and beyond