Forex Signals

No compromises in pursuit of price stability
Sees inflation as stable over medium-term
EZ recovery is becoming more or less self-sustaining

Trichet is on the wires as well:

We will always do what is necessary
We are never precommitted
Present interest rates are appropriate
Banks that need to should recapitalize
Data confirms gradual recovery
Does not exclude using EFSF funds for recapitalizing banks, buying [...]

Atlanta Fed president Lockhart says there is absolutely no appetite at the Fed to monetize the debt. Monetizing debt is when a nation’s central bank buys the debt issued by the country’s Treasury.
Some while argue that the Fed has partially monetized via QE, but in reality its portfolio its Treasury holdings are not that much [...]