Norway’s central bank, Norges Bank, dropped its key monetary policy rate by 50 basis points to 1.75% from 2.25% previously. The...
Norway Central Bank Slashes Rate 50bps to 1.75%
Source: feedproxy.google.com
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Bank of Israel Keeps Interest Rate at 3.00%
The Bank of Israel held its benchmark interest unchanged at 3.00%. The Bank said: “The decision to leave the interest rate...
Q3 US GDP Could Outperform but Data may be Overlooked
Source: ForexYard Typically US GDP is a high impact event in the foreign exchange market though tomorrow’s data may be overlooked given the...
GBPUSD broke above 1.6277 resistance
GBPUSD broke above 1.6277 resistance, suggesting that a cycle bottom has been formed at 1.6030 level on 4-hour chart, and the longer term...
The Euro Weakened against the dollar to a 3-week low of Greece Debt Crisis-related
May/12 – The latest concerns about Greece’s debt and sell-off in commodities markets make the euro weakened sharply on Wednesday,...
Forex Forecast - November 2-6 2009 | Forex Crunch
After a week of dollar correction, that also saw some panic, the excellent GDP in the US calmed down traders. Renewed risk appetite weakened the dollar. Apart from the usual economic indicators reviewed here, not the G20 meetings taking place at the weekend. Monday, November 2nd: Australian HPI is...