At this week’s meeting, the MPC may well decide to undertake another ?50-75bn of Quantitative Easing (QE). Some will think this too small; some will think it too big. Read More A messy but steadyasshegoes monetary policy suits the world just fine
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The South African rand was weaker today as analysts speculated that the nation’s central bank will keep interest rates unchanged at today’s monetary policy meeting. The rand rebounded currently.(…)Read the rest of Rand Weakens as No Change to Monetary Policy Expected, Rebounds (72 words) Posted on Forex News. Read More Rand Weakens as No Change to Monetary Policy Expected, Rebounds
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The calendar may have rolled over but the picture is the same at the Bank of Canada. Set against acute global headwinds and bruised domestic confidence, the theme for the overnight rate of lower for longer remains firmly entrenched. It should therefore come as no surprise to see the Bank Read More BoC Monetary Policy [...]
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Bank of England not expected to announce more measures to aid economy after rate meeting today, despite worse-than-expected manufacturing figures from October. Read More Gloomy manufacturing but MPC poised to maintain policy
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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
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U.K. unemployment climbed to the highest level in 15 years, supporting further expansion in the APF, especially after the drop in inflation from three-year high. Jobless rate for the three months ended September rose to 8.3%, exceeding both analysts’ forecasts and the previous readings of 8.1% and 8.2%, raising the Read More UK Unemployment Climbs [...]
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The Fed statement reiterated concerns about strains in global financial markets presenting downside risks to the economic outlook. The Fed acknowledged that the economy grew at a stronger pace in the third quarter of 2011 attributing some of the increase to "a reversal in temporary factors that had weighed on Read More US Fed Policy [...]
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The Australian dollar fell today as Forex market participants anticipate an interest rate cut by the Reserve Bank of Australia tomorrow.(…)Read the rest of Aussie Weakens Ahead of RBA Monetary Policy Decision (81 words) Posted on Forex News. Read More Aussie Weakens Ahead of RBA Monetary Policy Decision
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While the West’s focus has been on EU periphery debt for the better part of this year, Asia has also been grappling with uncomfortable inflation levels at the same time, and none more so than China. With China?s next batch of inflation data scheduled for release on Friday October 14, Read More Would A Lower [...]
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Recent price action in the euro has been determined by and driven by headlines by comments from politicians and finance ministers. Tomorrow, we will get to see what the central bank policymakers response is to the deteriorating situation in the euro zone sovereign debt crisis. Economic data is showing slowdown Read More ECB Rate Decision [...]
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