The impact of commodity price volatility was the focus of a discussion on issues facing low-income countries at the 2011 IMF-World Bank Annual Meetings. At a one-day conference that opened the public agenda for the meetings, participants heard an in-depth debate on commodity prices and inclusive growth. IMF Survey Magazine
Rapid credit growth, increased asset prices, greater reliance on banks’ foreign borrowing and an appreciating currency are signs a country could be headed for a financial crisis, according to the IMF’s latest analysis in the Global Financial Stability Report. IMF Survey Magazine
The IMF will host a major conference on September 21 to discuss the challenges posed by commodity price volatility, and growth policies that benefit the population in low-income countries. IMF Survey Magazine
The Euro was hit yesterday with widespread selling pressure after ECB president Jean Claude Trichet announced a change in stance over current monetary policy. Interests rates in the Eurozone currently sit at 1.5% due to previous concerns over inflation risks. Despite inflation sitting above 2% and the ECB’
FXstreet.com (Barcelona) For more information, read our latest forex news. For more information, read our latest forex news. FXstreet.com: Latest News
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FXstreet.com (California) – USD/JPY current price: 81.97. With an opening price of 82.58, the… For more information, read our latest forex news.
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Gold prices reached new heights on Tuesday (March 1) as increasing global political tension and buying in China helped drive speculation. After an intraday move just over $1,435, gold closed Tuesday’
FXstreet.com (Barcelona) – Current price hovers around 82.60/65. The price is mostly unchanged from… For more information, read our latest forex news.
FXstreet.com (Córdoba) – The pair had a choppy trading day this Monday and finished near even; EUR/AUD rose early over 110 pips from its opening price toward 1.4404, setting a fresh 2-day high. However the Aussie strengthened during the New York session and dragged the price down to close the day around 1.4274, 0.13% below [...]
The price of gold is currently (August 5) just below $1,195 after it briefly touched $1,200 on August 4th. Gold prices have been on a rebound after more than a $100 downward correction from the all-time high in late June of $1,261. The gold spot rate hit $1,157 just over a week ago on July [...]
FXstreet.com (Córdoba) – The Pound printed important gains against the Aussie on Wednesday. GBP/AUD rallied over 250 pips to post a fresh 8-day high at 1.7523 before retreating slightly to close the day at 1.7460, 1.08% above its opening price. The pair entered into a consolidation phase at mid-American afternoon, but the Aussie has strengthened [...]
FXstreet.com (Córdoba) – Risk aversion environment has translated into a weaker Aussie and a stronger Yen. AUD/JPY slumped from 79.30 to 78.10 on Wednesday, closing the day 1.51% below its opening price and erasing almost completely its previous weekly gains. At late NY trade, the pair reached the lowest price this week at 77.76 but [...]