American and Asian trading saw the Euro sell off against the U.S. Dollar in the minutes after the Fed’s expected 50bp rate cut. Both the Euro and Pound...
FXstreet.com (Barcelona) – Major currencies have not gone through wide-range moves after the FED monetary Policy Decision, as it was widely expected. The Euro and British Pound have been both...
In a move aimed at stemming off freezing credit markets, the Central Bank of the Republic of China (Taiwan) cut their benchmark interest rate by 25bp to...
In a bold but perhaps necessary move, the Central Bank of Brazil recently announced an injection of $50 Billion into forex markets intended to stem the 30% fall in the value of the Brazilian Real...
FXstreet.com (Barcelona) – The Federal Reserve’s Monetary Policy Committee has decided to cut interest rates by 50 basis points to 1 %, to rescue markets from the global economic slowdown.
The US dollar plunged across the majors on Wednesday, but the decline came primarily during the European trading session and start of the New York trading...
The British pound gained nearly 3 percent against the greenback on Wednesday as a broad surge in carry trades signaled an improvement in investor confidence.
Forex carry trades rocketed higher on Wednesday, as the Japanese yen tumbled more than 3 percent versus high-yielding currencies like the New Zealand dollar...
We should be suspicious of ranges as clear as the one AUDNZD has experienced – especially when volatility is still so high. Nonetheless, with a proper...
In a speech given today to a National Bankruptcy Congress in Sydney, Deputy Reserve Bank of Australia Governor Ric Battellino stated that inflation may...
The Euro/US Dollar’s recovery has taken the pair to the top of its month-long trading channel, and current levels represent a potentially significant turning...
The US dollar suffered its biggest drop in a decade through Wednesday's session, but the FOMC rate decision would have little overall impact on the currency....
The US Dow Jones Industrials Average finished near its daily lows, failing to clear important resistance and leaving risks to the downside through near-term...
The US dollar, which initially gained on safe-haven flows following the Fed's rate decision, has since pulled back sharply versus most of the majors, including...
FXstreet.com (Barcelona) - Consumer Price Index in Germany has shown a decrease between September and October, in line of expectations. Year over Year, CPI has moderated its pace more than expected...
Release Date: October 29, 2008 The Federal Open Market Committee decided today to lower its target for the federal funds rate 50 basis points to 1 percent. The...
The Federal Reserve slashed rates by 50bps to a more than 5-year low of 1.00 percent, in line with expectations, as economic activity has "slowed markedly"...