German Central Banker Spurs Rate Cut Possibility
The euro had its biggest one-day fall in almost a year on Wednesday after a prominent European Centr...
More Volatility For Yuan As Floating Band Widens
The yuan’s trading band will be widened “in the near future,” said Yi Gang, deputy governor of...
Brazil Central Bank Initial 1st Rate Hike Amidst Inflation Concerns
Brazil’s central bank raised its benchmark rate for the first time since July 2011, as policy make...
Bank of Canada maintains overnight rate target at 1%
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per...
USD/SEK – No rate hike from Riksbank unitil 2H 2014
USD/SEK bears will be highly annoyed right now. The Krona has been steadily strengthening against th...
Bank of Japan Governor Tells Parliament to Curb Spending and Increase Revenue
The Bank of Japan governor urged the government on Tuesday to take steps on both revenue and spendi...
AUD/USD – RBA Minutes indicate scope to ease (again)
"Scope for further easing should that be necessary to support demand". This same line has been sp...
USD/INR – RBI may not ease further despite 40 Month Low inflation
March inflation came in at a paltry 5.96%, still high by any other standards, but much lower than la...
USD/SGD – Singapore GDP shrinks 0.6%, MAS silent
Singapore's Ministry of Trade and Industry released advance estimates for the city state Q1 economic...
No additional stimulus from BOJ for now
Haruhiko Kuroda said the unprecedented stimulus announced by the Bank of Japan at his first meeting ...
Fed Releases FOMC Minutes Early
The FOMC minutes were released early after being sent to 100 lobbyists. The tone of the minutes rema...
FOMC Meeting Minutes expected to be crowded by Doves
The Federal Reserve's message to markets Wednesday should be more dovish than not, despite the mixed...
AUD/NZD – Price Sinks on RBNZ Rate Hike Hints
Kiwi rallied significantly against its neighbor after Reserve Bank of New Zealand Deputy Gov. Grant ...
ECB holds rates, markets watch for signs of later cut
The European Central Bank kept interest rates on hold on Thursday, waiting to see if a recession-hit...
USD/JPY – The market likes BOJ “bold monetary policy”
So this is it. The strong, bold, courageous, (insert own description here), monetary policy that Shi...
One more Fed official thinks QE3 will be tapered in 2013
The Federal Reserve could start tapering its $85 billion-a-month asset-purchase plan by the summer, ...
AUD/USD – RBA Holds Rate, Slightly More Upbeat
The Reserve Bank of Australia held cash rate unchanged at 3.0% at the latest decision today. Below a...
BoE Tells Banks To Raise Another £25b
Major UK banks must raise a total of £25bn in extra capital by the end of 2013 to guard against pot...
Hungary Raises Rate-Cut Threshold
Hungary’s central bank tightened the conditions for monetary easing after it cut borrowing costs t...
Japan Policy Makers Hedge Bets on Inflation Target Timeline
After Haruhiko Kuroda was appointed Governor of the Bank of Japan he reiterated his commitment to th...