With Bernanke showing a propensity to be more doveish
on policy this week, there is plenty of scope to continue the push higher.
This sense of what is at stake regionally may be what has spurred Erdogan to gamble on the proxy negotiation with Ocalan, conducted quietly through his doveish
intelligence chief, Hakan Fidan, since last October, and also entailing the use of Kurdish go-between politicians who have been allowed to visit the island prisoner three times.
The BoE seems to have been let off of the need to get inflation back in hand this year, which may lead to a more doveish
approach on interest rates," Mic Mills, head of electronic trading at ETX Capital, said.
The new, doveish
group called J Street, founded 18 months ago by two young Jewish political activists chafing at AIPAC's heavy-handed "Israel right or wrong" philosophy, held its first national conference in Washington towards the end of last year.
In August, junta chief Than Shwe held an unprecedented meeting with doveish
visiting US senator Jim Webb.
David Blanchflower, once seen as the committee's most "doveish
" member, said he voted for a rate rise in May due to the spike in the rate of inflation to 3.1 per cent in March and the need for the committee to appear tough.