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Bank of Japan holds steady, sending yen higher

Posted by Forexsq 2 days ago (http://www.marketwatch.com)
img forexsq.com - The Japanese yen rebounded midday Wednesday after the Bank of Japan decided not to add any additional easing measures at its policy meeting.

The central bank left its benchmark interest rate unchanged in the current range of 0 to 0.1% by a unanimous vote, and also didn’t announce a further expansion to its asset purchase program

ECB Cuts Back Liquidity Support For Greek Banks

Posted by Forexsq 9 days ago (http://www.nasdaq.com)
img The European Central Bank is increasingly refusing requests for liquidity from Greek banks, making them dependent on support from the Greek central bank, Dutch financial daily het Financieele Dagblad reports Wednesday, citing "sources in Brussels." At the end of January, Greek banks had received EUR73 billion in liquidity support from the ECB, but this amount has dropped by more than 50% now, acc

Bernanke, Banks and Bank Lending The State of Play

Posted by Forexsq 15 days ago (http://www.federalreserve.gov)
img forexsq.com - I am pleased to speak this morning at what has become, over nearly 50 years, perhaps the most prestigious conference for bankers, academics, and bank supervisors in the United States. The first part of my remarks will highlight the significant progress that has been made over the past several years toward restoring the banking system to good health. I will also talk about some of th

BoE minutes to shed some light on chances of QE in May

Posted by Forexsq 37 days ago (http://uk.reuters.com)
img The chances of further Bank of England economic stimulus are likely to remain hanging in the balance on Wednesday, when the central bank publishes details of its April policy decision against a backdrop of unexpectedly stubborn inflation.

Economists will scrutinise the minutes of the Monetary Policy Committee meeting for hints that the Bank might extend its quantitative easing programme next m

Bank of Japan surprises with fresh easing

Posted by Forexsq 101 days ago (http://www.marketwatch.com)
img In a surprise move on Tuesday, the Bank of Japan expanded its asset-purchase program and set a temporary inflation target of 1%, while keeping interest rates near zero.

The central bank said it will increase the size of its “powerful monetary easing” to ¥65 trillion ($835.83 billion) from ¥55 trillion, with the net ¥10 trillion increase earmarked for the purchase of Japanese government bonds.

Bernanke Makes Case for More Bond Buying

Posted by Forexsq 120 days ago (http://www.bloomberg.com)
img ForexSQ.com - Ben S. Bernanke laid the groundwork for a third round of large-scale asset purchases should unemployment remain higher than the Federal Reserve would like while inflation falls below a newly-established target.

The Federal Open Market Committee “recognizes the hardships imposed by high and persistent unemployment in an underperforming economy, and it is prepared to provide furthe

Fed says no rate hikes until at least late 2014

Posted by Forexsq 121 days ago (http://www.reuters.com)
img ForexSQ.com - The U.S. Federal Reserve on Wednesday said it will not raise interest rates until at least late 2014, even later than investors expected, in an effort to support a sluggish economic recovery.

Without making major shifts to its outlook for the economy, the central bank described the unemployment rate as still elevated and said it expects inflation to remain at levels consistent wi

Forex Traders Anticipating Bullish NFP Report?

Posted by Forexsq 322 days ago (http://www.forexyard.com)
img Forex - An uptick in US private sector employment yesterday, reported by ADP, added to the risk-taking sentiment by most investors which came as a result of a rate hike in Europe. Should today's Non-Farm Payroll (NFP) data continue this trend of optimism, we may see the greenback taking severe losses against its rivals as traders seek out higher yields.

The Fundamentals of Forex Fundamental Analysis

img Without any doubt, technical analysis is very important for Forex trading – it is inevitable when it comes to identifying the entry and exit points in the trading process. However, trading Forex doesn’t come to finding the entries and exits only.

USD: No Attraction To Investors

Posted by fxcraz 365 days ago (http://www.forextradingevo.com)
img In the early hours earlier had been a day that is active in the financial markets with the EUR/USD moves in and out of negative territory. At the beginning of trading session New York, the dollar traded higher against most major currencies but at the end of the session, the greenback eventually gave up most of the profit rise was caused by the company.

Bank of England Inflation Letter

Posted by Forexsq 374 days ago (http://www.bankofengland.co.uk)
img The Office for National Statistics (ONS) will publish data tomorrow showing that CPI inflation was 4.5% in April. In February I wrote an open letter to you because CPI inflation had remained more than one percentage point above the 2% target. As it is three months since I last wrote to you, and CPI inflation remains more than one percentage point above the target, I am writing a further open lett

BOE - Weale in Pushing for Rate Increase - ForexSQ

Posted by Forexsq 457 days ago (http://www.bloomberg.com)
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Bank of England policy maker Spencer Dale joined Andrew Sentance and Martin Weale in voting for an interest-rate increase this month as a growing number of officials said the case for tightening policy had “grown in strength.”

“For three members, the case for removing some monetary stimulus at this meeting was compelling,” according to minutes of the Feb. 10

Inflation to Slow on `Choppy' U.K. Recovery , King Says

Posted by Forexsq 485 days ago (http://www.bloomberg.com)
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Bank of England Governor Mervyn King said the current bout of inflation is temporary and price growth will slow next year, as he defended the bank’s decision to keep up stimulus during a “choppy” recovery.

India increase raises interest rates again

Posted by forex 486 days ago (http://www.bbc.co.uk)
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India's central bank has raised interest rates again in an attempt to curb inflation.The seventh rise in a year took the rate at which the central bank loans to commercial banks from 6.25% to 6.5%, the highest since early 2008.


 

Bank of Canada maintains overnight rate target at 1 per cent

Posted by Forexsq 493 days ago (http://www.bankofcanada.ca)
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OTTAWA –The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.


The global economic recovery is proceeding at a somewhat faster pace than the Bank had anticipated, although risks remain elevated. Private domestic demand

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