Forex Blog - Trading on Foreign Exchange Market
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Long-term interest rates fell substantially in August. Stock markets, with the notable exception of Japan, recorded gains, and the U.S. performance was...
The dollar is unchanged overnight against the euro, sterling and yuan. The greenback gained 0.2% versus the yen and Australian dollar and 0.1% vis-a...
Pro-Russian rebels in Ukraine stepped up their attacks, seizing more territory. Ukraine’s prime minister called the act a de facto invasion by Russia...
ECB officials face difficult choices. Deflationary risks are not fading as they had hoped. The confidence of businesses and households has started to...
The monetary policy committee left its one-week repo rate and overnight borrowing rate unchanged at 8.25% and 7.5%, respectively, but surprised analysts...
The dollar has declined overnight by 0.5% against the Canadian and New Zealand dollars, 0.4% versus the Aussie dollar, 0.2% relative to sterling and the...
Monetary Council officials signaled last month that a two-year cycle of central bank reductions totaling 490 basis points from 7.0% prior to August 2...
The post-Jackson Hole soft tone in the euro continued, but the common currency’s losses haven’t been extended. Investors believe quantitative easing...
The Bank of Iceland made a scheduled interest rate announcement on Wednesday. Iceland’s seven-day central bank interest rate was kept at 6.0%, its level...
The Jackson Hole Symposium for central banking begins today. July 30 FOMC minutes released yesterday expressed surprise over the speed of improvement...
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