The Bank of Canada held its target for the overnight rate at 1.00%. The Bank noted on the Canadian economy: “While the economy...
Bank of Canada Maintains Interest Rate at 1.00%
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China’s Jan-May vehicle sales up 14.3% y/y - Xinhua
China’s vehicle sales rose 14.3% in the January-May period from a year earlier, Xinhua news agency reports. China Association of Automobile Manufacturers said a total of 4.96 mln vehicles were sold during the first 5 months of 2009, with sales in May totalling 1.1 mln. That sure is a lot of...
Watch 1.6000 barriers as reversal takes hold
The greenback is screaming higher after the Lockhart comments. If markets get disorderly, watch for the barriers at 1.6000 in cable to come under...
FOREX VIDEO - New York Session Review - July 28 2009
The US dollar and Japanese yen staged recoveries which spanned from today’s London open to the London close. A worse than expected CB Consumer Confidence figure for July sure didn’t hurt those who were bullish on those currencies during the New York session. A 50-pip news scalp on the...
Central Bank of Turkey Holds Repo Rate at 5.75%
The Central Bank of the Republic of Turkey kept its benchmark 1-week repo rate unchanged at 5.75%. The Bank said:...
Celebration of Greek deal short lived
By TraderVox.com Tradervox (Dublin) - Finally the Greek deal has been approved enabling Greece to avoid the chaotic default in March....