The past week in monetary policy saw 2 central banks cutting interest rates (Israel -25bps to 2.50%, and Thailand -25bps to 3.00%), and 1 bank...
Monetary Policy Week in Review – 28 January 2012
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ECB’s Liikanen: Sees no rapid global economic recovery
ECB’s Liikanen says he sees some signs of stabilisation in the global economy and the worst could be over, but doesn’t expect a rapid economic recovery. The official sees the operability of the global financial system as still very limited, and sees a risk that credit losses will erode...
Early Tokyo showing its hand; JPY crosses lower
EUR/JPY has fallen swiftly from 134.80 to 134.35 as early Tokyo enters the market and obviously decides it does not want to buy anymore. Dealers report a lot of offers appearing in USD/JPY, some in very decent size and this is obviously weighing on the crosses. Bids were reported earlier at 97.50...
EUR/USD Continues Climb Above 1.40 Yet Euro Shows Relative Weakness
By Fast Brokers - The EUR/USD kept steamrolling through May 22 highs on increasing volume, and is distancing itself from the...
WTI Crude Oil Could Reach $110.00 Per Barrel
The price of global crude oil once again reached $100.00 per barrel and has been trading in that area more roughly more than a week now. Will...
Weekly Forex Market Forecast (November 21st – November 25th 2011)
By Michael Trinkle, ForexTraders Key Fundamental Forex Events and Forecasts for the Coming Week The following table lists the key economic data and other events that are due out during the week of November 21st – 25th, with release times displayed for the GMT time zone. The list also includes...