The Bank of Israel cut its benchmark interest by 25 basis points to 2.50% from 2.75% previously. The Bank said “The decision to...
Bank of Israel Cuts Interest Rate 25bps to 2.50%
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Russian Economy Ministry Downsizes Growth Forecast
The Russian Economy Ministry recently announced that it has decided to decrease its growth outlook for the Russian domestic economy....
Usd/Yen soars on Payroll surprise
Usd/Yen is off to the races as the Payroll data far exceed even the most optimistic expectations. The only dampener will be the higher unemployment rate. Trading at 97.40 now, resistance is seen...
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Morning Forex Overview - Forex Trading, Currency Forecast, FX ...
Morning Forex Overview The euro rose slightly against the yen and dollar in Tokyo Thursday as players bargain-hunted the European unit after its overnight fall, but dealers said it was unlikely to rise much further in the coming days., ... Forex Fundamental Analysis Reports... -...
BRICs flexing muscles
Reuters reports that Brazilian President Lula wants the BRIC countries to forge a common front on reforming multinational groups like the UN and IMF. Lula also announced a $10 bln contribution to the IMF. If the BRICs are willing to fund these and other programs, then by all means they should have...