The Czech koruna declined today to the lowest level since July 2010 after minutes of a central bank’s policy meeting showed that policy makers anticipated slower economic growth in the country.
Monetary Policy — News Archive
Australian Dollar Advances as RBA Minutes Less Dovish Than Expected
December 20th, 2011 at 5:22
The Australian dollar rose today, reversing yesterday’s fall, as the minutes of the Reserve Bank of Australia’s monetary policy meeting weren’t as dovish as analysts expected, considering the decision to lower the interest rates.
Rupee Rebounds from Record Low
December 16th, 2011 at 9:51
The Indian rupee gained today, following yesterday’s drop to the all-time low, as the nation’s central bank stepped in, announcing measures to curb the volatility on the foreign-exchange market.
Aussie Extends Decline on Europe for Third Session
The Australian dollar declined today, falling for the third straight session, as the renewed concerns about Europe’s sovereign debt crisis sapped investors’ demand for higher-yield.
Pound Rebounds as Confidence Improves
October 07th, 2011 at 11:55
The Great Britain pound regained its strength today after yesterday’s decline as Forex traders looked at the Bank of England bonds purchasing program more favorably, regaining confidence in Britain’s currency.
Important Week for Euro, Greece at Brink of Default
October 04th, 2011 at 7:26
The past month was very unfavorable for the euro. The start of this month doesn’t look positive for the shared European currency either. This week can define the future of the currency for a long time as the story of the Greek debt crisis may come to an end (most likely a bad one). Another important event this week is the monetary policy meeting of the European Central Bank.
Dollar Jumps as Fed Expands Bond Purchases
September 22nd, 2011 at 4:31
The US dollar jumped after the Federal Reserve announced it’s going to increase purchases of longer-term securities. The resulting surge of demand for safer currencies was beneficial for the dollar.
RBA Minutes Don’t Speak About Rates Cut, AUD Rises
September 21st, 2011 at 2:18
The Australian dollar strengthened as the minutes of the central bank’s policy meeting showed that the policy makers are content with the current level of the interest rates, reducing probability of a borrowing costs cut.
SNB Maintains Rates at Zero, Franc Strengthens
September 15th, 2011 at 23:02
The Swiss franc rose today even after the Swiss National Bank left the benchmark interest rate at zero at pledged to maintain the peg of the nation’s currency to the euro.
Aussie Falls as RBA Minutes Don’t Exclude Rates Cut
August 16th, 2011 at 12:30
The Australian dollar fell today after the minutes of the policy monetary meeting weren’t been able to calm worries about possible interest rates cut by the Reserve Bank of Australia.
