The Australian dollar weakened today after the Reserve Bank of Australia cut its key interest rate as the unfavorable developments in the global economy justified easing of the monetary policy.(…)Read the rest of Aussie Drops as RBA Reduces Main Interest Rate (85 words) Posted on Forex News. Read More Aussie Drops as RBA Reduces Main Interest Rate
Posted in FX News | Tagged as, aussie, drops, interest, main, rate, rba, reduces |
One of the issues facing the future of the eurozone is the differences in opinion between France and Germany. Since the beginning, the two countries have had different approaches to the monetary union. And, unless those differences can be reconciled, real progress can’t be made in the eurozone. (…)Read the rest of Euro Struggles as France and Germany Try to Reconcile (136 words) Posted on Forex News. Read More [...]
Posted in FX News | Tagged and, as, euro, france, germany, reconcile, struggles, to, try |
The?Swiss franc dropped today after the?government report showed that the?consumer prices fell last month in?Switzerland, leading to?the?speculation about a?possibility of?another intervention by?the?nation’s central bank.(…)Read the rest of Franc Retreats as CPI Declines (81 words) Posted on Forex News. Read More Franc Retreats as CPI Declines
Posted in FX News | Tagged as, cpi, declines, franc, retreats |
The Canadian dollar jumped after the Bank of Canada left the main interest rate unchanged. The positive fundamentals may spur the Canadian currency even further to the upside.(…)Read the rest of Loonie Climbs After BoC Policy Decision (171 words) Posted on Forex News. Read More Loonie Climbs After BoC Policy Decision
Posted in FX News | Tagged after, boc, climbs, decision, loonie, policy |
The Great Britain pound edged down on the signs that the UK economy is slowing, possibly resulting in additional easing from the nation’s central bank. The pound bounced back a little today, but it’s likely to head down again as today’s fundamental reports are expected to be negative.(…)Read the rest of Pounds Heads Lower on Unfavorable Fundamental Indicators (154 words) Posted on Forex News. Read More [...]
Posted in FX News | Tagged fundamental, heads, indicators, lower, on, pounds, unfavorable |
