Indonesia’s central bank, Bank Indonesia, kept the BI reference rate unchanged at 6.00%. Bank Indonesia Governor, Darmin Nasution,...
Bank Indonesia Keeps Interest Rate at 6.00%
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GBP/USD Sets a Temporary Bottom on Declining Volume
By Fast Brokers -The Cable is finally forming a temporary bottom after its swift selloff. Friday’s downturn gained traction as Gordon Brown...
Botswana Central Bank Keeps Interest Rate at 9.50%
The Bank of Botswana‘s Monetary Policy Committee kept its benchmark interest rate steady at 9.50%. The Bank said:...
Foreign exchange trading is not cause and effect trading
I`ve tried to explain this type of thing many times - i think there is not an 100% correct answer because if there was, we all would trade the same way. The bottom line is foreign exchange trading is not cause and effect trading. Currencies lead and lag and relationships sometimes heavily correlate...
Tomas Cedavicius , forex-trends.com
Forex Hound EURUSD is staying in a small box, and the trend remains positive. It is possible to see a movement down, but not for long. For bears to get their shape back ... See all stories on this...
Possible Deal on Greek Debt Helps Euro
Source: ForexYard The euro received a positive boost during today’s session, as news that Greece may be close to a deal on its debt led to...