The European Central Bank (ECB) maintained the Main refinancing operations rate unchanged at 1.50%, the Marginal lending facility at...
European Central Bank Keeps Interest Rate at 1.50%
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Reserve Bank of Fiji Cuts Rate 100bps to 0.50%
The Reserve Bank of Fiji cut its overnight policy rate by 100 basis points to 0.50% from 1.50% previously, in order to support...
Eur/usd hits session highs above 1.4040
Eur/Usd is currently grinding out new highs for the day above 1.4040. So far it hasn’t been a stellar ascent more of a relentless grind higher, the absence of any selling interest in the 1.4030/40 area, unlike last time, has emboldened a few bidders to aim for the next level of offers at...
Commodities Appear Poised for Upward Correction
Source: ForexYard It appears the decline in US dollar values has not yet been priced into commodities and we may be expecting a major correction...
Global miner BHP take a 58% price cut in coal
BHP Billiton has agreed to a 58% price cut for the coal it sells to major steel makers. This is pretty much in line with the expected cut of 60% analysts had forecast. The deal signals a looming price cut in other main steel making ingredient, Iron ore. The 58% cut in price equates to a benchmark...
Forex Trading - should you invest? Interesting Points to Know ...
Forex trading is all about making big money. Some investors have found it quite easy to make a large amount of money as the forex market changes daily. Forex, is the foreign exchange market. Online and offline you will find references ... MOCDS Personal Blog -...