The AUD/USD slipped this week following the Reserve Banks of Australia’s unsurprising decision to leave Australian Interest rates on hold at 1.5%.
Rates have remained static since the… Read More
The most important event of the past week was without doubt the March meeting of the Governing Council headed by Mario Draghi.
The European Central Bank decided to keep the interest rates an… Read More
Talking Points
- The Swiss National Bank has left all its key interest rates unchanged, as expected.
- Both EUR/CHF and USD/CHF could now strengthen as other ce… Read More
The Bank of Canada left its main interest rate unchanged Wednesday at +0.50% while a sounding a positive note about recent economic indicators that point to “very strong” growth… Read More
Dow crawls up 8, decliners over advancers 3-2 & NAZ lost 22. The MLP index dropped 4 to the 311s & the REIT index fell 4+ to the 343s. Junk bond funds went higher & T… Read More
Monetary Policy – RBI leaves lending rates unchanged. As expected
The
Reserve Bank of India (RBI) kept its key interest rate unchanged at 6
per cent for the fourth time in s… Read More
The euro has started the week with little movement. Currently, EUR/USD is trading at 1.1934, up 0.01% on the day. On the release front, there are no eurozone events. In the US, the sole… Read More
Dow rose 57 but off the highs, advancers modestly ahead of decliners & NAZ lost 11. The MLP index added 3+ to the 273s & the REIT index was fractionally higher above 350… Read More
Central bank policymakers provided little guidance on the timing of a rate hike. They said slow growth in the first quarter it is likely transitory and that inflation is close to a goal of 2… Read More
On Thursday the Federal Bank of America opted to leave rates unchanged with rates remaining at 1.25%. The move which was expected by markets saw Dollar FX rates fall against a basket of curr… Read More
January 31, 2018(AP)(STL.News)— The Federal Reserve has left its benchmark interest rate unchanged but signaled that it expects to resume raising rates gradually to reflect a healthy j… Read More
The DAX index is unchanged in the Wednesday session. Currently, the DAX is currently trading at 12,118.50, down 0.05% on the day. On the release front, German Factory Orders dropped 0.7%, we… Read More
Talking Points:
Yen declines, Pound corrects higher as Asian shares digest “Brexit” fears
US Dollar may rise if Fed economic and rates forecasts hold unchanged
Status-q… Read More