Category Archives: News
Euro Hit Hard by ECB Decision
The Euro fell hard after the European Central Bank announced yesterday that it would lower its benchmark rate by 0.25% to 0.5%. While some analysts had expected the ECB would hold off on a rate cut this time around, the consensus opinion was that the r… Continue reading
Euro Hit Hard by ECB Decision
The Euro fell hard after the European Central Bank announced yesterday that it would lower its benchmark rate by 0.25% to 0.5%. While some analysts had expected the ECB would hold off on a rate cut this time around, the consensus opinion was that the r… Continue reading
Fed Maintains Status Quo Ahead of ECB
The Federal Reserve’s Federal Open Market Committee announced on Wednesday that it would leave monetary policy unchanged in order to give the U.S. economy time to improve; the statement also cited a too high unemployment rate. Continue reading
Fed Maintains Status Quo Ahead of ECB
The Federal Reserve’s Federal Open Market Committee announced on Wednesday that it would leave monetary policy unchanged in order to give the U.S. economy time to improve; the statement also cited a too high unemployment rate. Continue reading
Dollar Bearish as Bets on Easing Rise
The U.S. Dollar Index continued to hold close to a 2-month low as investors gauge that the Federal Reserve’s response to lackluster economic data will either be a recommitment of its existing ultra-loose monetary policy or the promise of even more stimulus. Continue reading
Dollar Bearish as Bets on Easing Rise
The U.S. Dollar Index continued to hold close to a 2-month low as investors gauge that the Federal Reserve’s response to lackluster economic data will either be a recommitment of its existing ultra-loose monetary policy or the promise of even more stimulus. Continue reading
Dollar Lower on Easing Expectations
The U.S. Dollar Index held close to a 2-week trough earlier as investors anticipate that a decline in U.S. Treasury bond yields and a slowdown in consumer inflation rates could pressure the Federal Open Market Committee to act more aggressively. Continue reading
Dollar Lower on Easing Expectations
The U.S. Dollar Index held close to a 2-week trough earlier as investors anticipate that a decline in U.S. Treasury bond yields and a slowdown in consumer inflation rates could pressure the Federal Open Market Committee to act more aggressively. Continue reading
Dollar Sell Off Follows Growth Data
Unexpectedly disappointing growth data from the U.S. on Friday led to the greenback’s broad fall during the Asian trading session. According to the report issued by the U.S. Bureau of Economic Analysis, growth during the first quarter of 2013 rose only to 2.5% against expectations of a rise to 3.0% annually. Continue reading
Dollar Sell Off Follows Growth Data
Unexpectedly disappointing growth data from the U.S. on Friday led to the greenback’s broad fall during the Asian trading session. According to the report issued by the U.S. Bureau of Economic Analysis, growth during the first quarter of 2013 rose only to 2.5% against expectations of a rise to 3.0% annually. Continue reading
