April 26th, 2008 at 10:23
The Singapore currency had its worst week in a year on the Forex market, as it lost along with the other Asian currencies to the U.S. dollar, because the investors began to expect that the U.S. interest rate will unchanged rather than lowered next time.
April 10th, 2008 at 15:02
Both Bank of England and the European Central Bank acted as expected today during their monetary policy meetings — BoE cut the interest rate to 5.00% and ECB left them unchanged at 4.00%.
April 09th, 2008 at 16:09
The Japanese yen is holding steady on the Forex market today after interest rate was left unchanged at 0.5% and the stock markets fell slightly.
March 29th, 2008 at 16:18
The Reserve Bank of New Zealand Governor, Alan Bollard, said yesterday that he won’t be reducing the country’s key interest rate from its record high value in 2008, because the national inflation still remains the major concern.
March 19th, 2008 at 11:34
Yesterday the Federal Reserve lowered the benchmark interest rate from 3.00% to 2.25% to help the banking institutions during the times of global financial turmoil, but will the investors’ expectations for the further cuts be satisfied?
March 18th, 2008 at 11:55
According to Australia’s largest mortgage provider, Commonwealth Bank of Australia, the U.S. dollar will perform worse than experts previously expected for this year.
March 04th, 2008 at 12:42
The Reserve Bank of Australia increased the national benchmark rate for the second time in 2008 — from 7.00% to 7.25%. The last time interest rate was increased on the 5th of February.
The Australian dollar rose today against other major currencies, as the bank’s minutes release hinted markets that the Reserve Bank of Australia will probably increase the interest rate by 25 basis points again next month.
February 07th, 2008 at 16:09
Today two important interest rates decision were highly anticipated by the markets — the monetary policy decisions by the European Central Bank (ECB) and the Bank of England (BoE).
January 29th, 2008 at 11:33
The majority of Forex traders expected that the Reserve Bank of India will lower the main interest rates today to pare with recent emergency cut by the Fed and the anticipated additional interest cut at tomorrow Fed’s meeting. But Yaga Venugopal Reddy, Governor of the Reserve Bank of India, decided to leave the key interest rates at the same level.
