The Russian slid today as Russia’s central bank kept its main interest rates unchanged and crude oil, the main nation’s export, traded near the lowest level in six months.(…)Read the rest of Ruble Decline After Bank Rossii Keeps Rates Unchanged (82 words) Posted on Forex News. Read More Ruble Decline After Bank Rossii Keeps Rates Unchanged
Posted in FX News | Tagged after, bank, decline, keeps, rates, rossii, ruble, unchanged
The South African rand kept its gains today after the South African Reserve Bank left its main interest rate unchanged at yesterday’s monetary policy meeting to support recovery of the nation’s economy.(…)Read the rest of South African Central Bank Keeps Rates Steady, Rand Maintains Gains (115 words) Posted on Forex News. Read More South African Central Bank Keeps Rates Steady, Rand [...]
Posted in FX News | Tagged african, bank, central, gains, keeps, maintains, rand, rates, south, steady
The Mexican peso jumped today to the highest level since October as the nation’s central bank refrained from cutting interest rates as high consumer prices hurt country’s economic growth.(…)Read the rest of Mexican Peso Highest Since October as Rates Remain Unchanged (142 words) Posted on Forex News. Read More Mexican Peso Highest Since October as Rates Remain Unchanged
Posted in FX News | Tagged as, highest, mexican, october, peso, rates, remain, since, unchanged
Interest rates will stay on hold at their record low until 2016, according to a leading forecaster, amid warnings that the UK has already double-dipped back into recession. Read More No rise in interest rates until 2016
Posted in FX News | Tagged 2016, in, interest, no, rates, rise, until
Asian equity markets have been mixed overnight, with a lack of news events ensuring limited participation. Japanese bourses are open again after the holidays and the Nikkei is up 1.2% today, but the Hang Seng is currently down -0.6% and Shanghai Composite -1.4%. Last night’s FOMC minutes revealed that in future, Read More FOMC Pledges [...]
Posted in FX News | Tagged fomc, interest, on, pledges, projections, provide, rates, to
Today’s announcement is the first after the Bank released its downgraded economic forecast in October’s MPR, and strikes a slightly more dovish tone in line with the deepening Euro zone crisis. It remains consistent with our call for the Bank of Canada to leave interest rates unchanged until the first Read More Bank of Canada [...]
Posted in FX News | Tagged bank, canada, dovish, leaves, more, of, rates, slightly, tone, unchanged
We expect a 25bp cut at Thursday’s ECB meeting, which would bring the refinancing rate down to 1%. We see the risk relating to Thursday’s meeting as skewed towards a 50bp cut (we estimate a 15% chance), while unchanged rates would be a major surprise (we estimate a less than Read More ECB Will Cut [...]
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The Indonesian rupiah slipped today after the Bank Indonesia decreased its main interest rate, while concerns about the European debt added to the downside pressure.(…)Read the rest of Indonesian Rupiah Falls as Central Bank Cuts Interest Rates (63 words) Posted on Forex News. Read More Indonesian Rupiah Falls as Central Bank Cuts Interest Rates
Posted in FX News | Tagged as, bank, central, cuts, falls, indonesian, interest, rates, rupiah
Bank of England policymakers voted to leave interest rates and the quantitative easing programme unchanged, after increasing emergency measures by ?75bn last month. Read More Bank of England holds interest rates and QE
Posted in FX News | Tagged and, bank, england, holds, interest, of, qe, rates
The Australian dollar ended this week with losses against some majors, including the US currency and the euro, as the negative fundamentals caused Australia’s central bank to cut its main interest rate.(…)Read the rest of Aussie Posts Weekly Loss as RBA Cut Interest Rates (277 words) Posted on Forex News. Read More Aussie Posts Weekly Loss as RBA Cut Interest Rates
Posted in FX News | Tagged as, aussie, cut, interest, loss, posts, rates, rba, weekly
