The Central Bank of Sri Lanka left its benchmark repurchase rate unchanged at 7.00%, and also kept the reverse repurchase rate at 8.50%,...
Central Bank of Sri Lanka Maintains Interest Rate at 7.00%
Source: feedproxy.google.com
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Bearish momentum gaining in JPY crosses
What had started out as a very quiet day has turned into a bit of a rout on the JPY crosses. EUR/JPY is trading on its lows at 135.70 and dealers report lots of longs liquidating their positions. It seems there is no major news out to drive this but many see the IMF statement on Euro-zone banks as...
UK recession may have ended three months ago
Never fear, mates. The UK recession may have ended as long ago as March, says NIESR. It has not exactly been a robust recovery but there appears to have been slight upticks in growth in both March and April, the think tank says. The pound is performing robustly this afternoon amid the green shoots,...
Eurogroup: Stimulus should be withdrawn as growth picks up
Central bankers and finance ministers in the eurozone agree that stimulus, whether monetary in the case of the ECB, or fiscal, in the case of the eurogroup, should be withdrawn as the economy recovers. The eurogroup says that it wants to see if the Latvian fiscal action is credible before releasing...
REFILE-FOREX-Euro falls vs dollar; ECB, BoE decisions in focus
By Nick Olivari NEW YORK, June 4 (Reuters) - The euro fell against the dollar on Thursday in volatile trading following the European Central Bank's decision ... See all stories on this...
Volatility-neutral trading system
After inspecting the simulated track of the best selected algorithmic traders (see EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD, it becomes clear that a volatility-neutral approach is needed. The optimized robots trade only during the peak of financial panic so there is a risk that if such...