In an unexpected move, Brazil has cut rates by 100bps to 9.25% with policymakers obviously still worried about the ongoing recession.
Brazil cuts rates by 100bps
Source: www.forexlive.com
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German Data Gives EUR a Boost
Source: ForexYard A positive Chinese GDP report, combined with a better than expected German ZEW Economic Sentiment figure led to some investor...
Fed’s Bullard ‘cautiously optimistic’ on H2 growth
Spreads are coming back toward normal but are not yet at pre-crisis levels, St Louis Fed president Bullard says. High long-bond yields are both a reflection of inflation fears and optimism on the economy, he says. The risks of a Japanese-style deflation trap are receding, he says. The Fed is...
GBP/USD Makes a Solid Push Back Above 1.60
By Fast Brokers - The Cable has propelled from our 3rd tier uptrend line to make a solid run past the psychological...
The World’s Greatest Uptrend for Income Investors
The World’s Greatest Uptrend for Income Investors by Dan Ferris, Investment U Special Contributor Friday, December 23, 2011 I get more...
G-8 starts planning stimulus exit strategies on recovery signs
The Group of Eight nations began considering how to reverse the emergency steps they took to rescue the world economy as it shows signs of...