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Posts Tagged: 'interest rate'

28Sep
 
Aussie, Kiwi move lower as RBNZ holds, Greenback Strengthens The New Zealand and Australian dollars moved lower against their U.S. counterpart on Thursday, after the Reserve Bank of New Zealand left interest rates unchanged and as hopes for an imminent tax reform plan in the U.S. supported demand for the greenback. NZD/USD...
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09Aug
 
WTI Crude Oil Analysis Oil prices sentiment remains mixed as the increase in production from big players come opposed to reports that Saudi Arabia plans to curb exports to Asia next month. With fears over OPECs ability to restrain supply as committed, Crude futures fell for the third consecutive day in Asia...
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21Jul
 
UK retail sales - Sterling remains lower, shrugs off upbeat The pound remained weaker against the slightly stronger U.S. dollar on Thursday despite data showing that UK retail sales grew at a faster than expected pace in June. GBP/USD was at 1.2969 by 05.24 a.m. ET (09.24 a.m. GMT), not far the...
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14Jun
 
The pound rose Thursday after hawkish remarks by Bank of England policy member Ian McCafferty. Sterling was up 0.37% at $1.2931 at 05:45 ET after a high for the session of $1.2952. McCafferty in remarks to The Times said the BoE should consider unwinding its 435 billion quantitative easing program....
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08Jun
 
The dollar pushed higher against other major currencies on Thursday, despite the release of disappointing U.S. jobless claims data as investors were awaiting the results of the U.K. election and more U.S. political developments. EUR/USD slipped 0.18% to 1.1235 after the European Central Bank left its interest rates unchanged in a...
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29May
 
BOC surprisingly optimistic in rate decision My buddy Forex Gump hinted that the BOC statement could go either way as the latest batch of reports were a mix of good and not-so-good, but trust the Canadians to see the glass half-full! As expected, the Bank of Canada kept interest rates on hold...
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