Trichet’s Communiqué
1. ECB is to reactivate two of it’s most potent anti-crisis measures: a....
Swiss Franc the New Reserve Currency?
In times of uncertainty, nervous investors historically tend to gravitate towards the CHF and JPY. T...
What if the U.S. Fails to Reach Debt Limit Deal?
Most analysts believe U.S. lawmakers will ultimately arrive at an agreement to lift the $14.3 trilli...
Dallas Fed Bank President Sees Improvement in Second Half
In an interview published Friday morning, Federal Reserve Bank of Dallas President Richard Fisher sa...
UK Interest Rates Held Steady at 0.5%
Despite inflation climbing to 4.5 percent in April from 4 percent the month before, the Bank of Engl...
Bernanke Downplays Likelihood of QE3
In a speech delivered to conference attendees in Atlanta yesterday, Federal Reserve Chairman Ben Ber...
Bank of Canada Holds Interest Rates at 1%
As expected, the Bank of Canada announced this morning that it was maintaining the current 1 percent...
Bank of Canada Rate Decision Due Tuesday
Early indications are that the Canadian dollar could decline ahead of tomorrow’s Ba...
Dollar Weaker on Interest Rate Speculation
The U.S. dollar was down 0.7 percent in mid-day trading in New York today on reports that first quar...
Crunch Time for Portugal and the Eurozone Just Weeks Away
If you are looking for further evidence as to just how bleak the outlook is for Portugal, consider t...
Fed on hold, pace of recovery ‘Moderate’
Federal Reserve policy makers said the economy is recovering at a “moderate paceâÃ...
Dollar Weaker Ahead of FOMC Statement
The dollar continued its week-long slide against the euro just one day before the next Federal Open ...
BoC on hold at +1%
The Bank of Canada announced that it is maintaining its target for the overnight rate at 1 per cent....
Euro falls against USD following ECB rate increase
The ECB boosted interest rates last week, causing the euro to fall from almost a 15-month high again...
Bank of Canada Expected to Maintain Current Interest Rate
Last year, the Bank of Canada implemented two quarter point interest rate increases in the second ha...
ECB Lifts Rates; BofE Holds Line
The European Central Bank today raised the benchmark lending rate by a quarter point to 1.25 percent...
USD Falls Against JPY After Fed Hints at Keeping Interest Rates Low
Comments from Federal Reserve Bank of Atlanta President Dennis Lockhart caused the dollar to drop ag...
Employment Gains Pave the Way for Interest Rate Increase
Wednesday’s employment report provided further evidence that the U.S. labor market ...
Japan has not changed ECB inflation view
The Euro-zone's near-term inflation outlook has not been changed by the disasters in Japan and G7 me...
BOJ pumps $183b into Economy
The Bank of Japan poured a record amount of cash into the financial system and doubled the size of t...