Posts Tagged ‘ Reserve ’
To the dismay of currency and equity traders, the message from the Federal Reserve has been relatively consistent. Despite the recent improvements in the labor and housing markets, the U.S. central bank is skeptical about sustainability. As a result, the U.S. dollar and Japanese Yen appreciated against all of the major currencies as [ READ MORE ]
Based upon the recent improvements in U.S. economic data, the Federal Reserve should continue to unwind emergency measures. [ READ MORE ]
It has been another mixed day in the foreign exchange market with the U.S. dollar trading higher against the euro, British pound and Swiss Franc and lower against the Japanese Yen and commodity currencies. The appearance of risk aversion in the forex markets can be best attributed to the continued problems in Greece and [ READ MORE ]
For the fifth time since October of 2009 the Reserve Bank of Australia raised its benchmark rates to 4.25% – the highest level in G-20. In its post announcement communiqué the RBA stated,” With the risk of serious economic contraction in Australia having passed some time ago, the Board has been lessening the degree of [ READ MORE ]
Rumor has it that the Dollar is about to make a run. As the credit crisis slowly subsides, (currency) investors are once again looking at the long-term, and they like what they see when it comes to the Dollar. For those that care to remember, 2008 was a great year for the Dollar, as the credit [ READ MORE ]
There was quite a bit of volatility in the forex market following the FOMC announcement even though there were no major surprises from the Federal Reserve. The Fed kept interest rates unchanged at 0.25 percent, continued to unwind their emergency measures and reminded the market that they are not ready to raise interest rates. [ READ MORE ]
The Federal Reserve left interest rates unchanged at 0.25 percent and included the words “extended period” into their FOMC statement. Going into the Fed meeting, traders were looking for 2 things – the inclusion of “extended period” and the number of dissenters. Once forex traders saw the words reappear in the statement and [ READ MORE ]
The U.S. dollar traded higher against every major currency ahead of the Federal Reserve’s monetary policy meeting. There are a few reasons why forex traders should be nervous today, but we believe that the rally in the U.S. dollar is a reflection of the market’s hope that the Fed will come through tomorrow by [ READ MORE ]
The U.S. labor market is improving, consumers are spending and the manufacturing sector is chugging along. With this backdrop, the Federal Reserve will decide tomorrow whether to recognize the improvements in the U.S. economy and signal additional plans to unwind emergency measures or to remain at status quo by keeping the FOMC statement virtually unchanged. [ READ MORE ]
This evening, the Reserve Bank of New Zealand will deliver their second monetary policy announcement of the year and the key question is whether the central bank will finally bridge the gap between their monetary policy with that of Australia’s [ READ MORE ]
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