The Central Bank of Kenya upped its benchmark lending rate by 400 basis points to 11.00% from 7.00% previously. The central bank...
Central Bank of Kenya Ups Rate 400bps to 11.00%
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JPY LIBOR 2007-2010: shorter maturities mean-revert, longer ones form trends
Statistically significant patterns in the Japanese yen LIBOR time series have been discussed on this site in October 2008, based on a data set ending in summer 2008. The financial panic of 2008 that followed (I reserve the word "crisis" for a broader context) left its imprints on the Japanese yen,...
FOREX-Dlr near lows, Aussie hits 15-mth high after data
TOKYO, Nov 12 (Reuters) - The dollar was on slippery ground on Thursday after the Australian dollar jumped to a 15-month high on strong jobs data that boosted expectations of an interest rate hike next month. The Aussie was also buoyed by firm commodity prices like gold, which hit a record high...
Two California Men Accused of $80 Million Forex Scam
... South Korea and Taiwan but rather than trading their money in the forex market used new investments to pay cash "returns" to earlier investors. ... See all stories on this...
Dollar continues to weaken across the board
The Dollar is continuing to weaken across the board as markets dismiss the idea of early US rate hikes and get back to doing what they like best which is sell Dollars. Eur/Usd has moved past offers at 1.4070 with ease and is now closing in on 1.4100. Cable is in the same boat with the move above...
USDCAD is testing channel resistance
USDCAD has reached the upper border of the falling price channel on 4-hour chart, a clear above the channel resistance will indicate that...