OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Dollar Little-Changed, US Bond Yields Extend Drop on…
Summary: The Dollar ended little-changed against its main rivals as US Treasuries rose and yields fell. Wall Street stocks broke their steep fall and stabilised with no further bad news on the China-US trade spat.…
Bank of Canada maintains overnight rate target at…
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank of canada Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per…
Minutes of the Monetary Policy Meeting of the…
International Economic Conditions Members commenced their discussion of the international economy by observing that global growth had eased in the second half of 2018 and looked to have continued at around this more moderate rate…
Bank of Canada maintains overnight rate target at…
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. Global economic growth…
Monetary Policy Decision – Bank of Korea
Based on currently available information the Board considers that the pace of global economic growth has continued to slow. Volatility in the global financial markets increased temporarily. Government bond yields in major countries have fallen…
Higher US Yields Boost Dollar, Euro, Pound, EM’s…
Summary: Higher US bond yields boosted the Dollar despite a decline in Industrial Production. The benchmark US 10-year yield climbed 3 basis points to 2.59%, back to March 20 pre-FOMC levels. The Euro retreated to…
Dollar Eases, Long Bets Start to Tire, Euro,…
Summary: The Dollar eased against most of its Rivals ahead of this week’s ECB policy meeting and FOMC minutes release. Traders pared their long USD bets after the Greenback failed to gain fresh ground following…
Bank Rate maintained at 0.75% – March 2019
The Committee voted unanimously to maintain the stock of sterling non-financial investment-grade corporate bond purchases, financed by the issuance of central bank reserves, at £10 billion. The Committee also voted unanimously to maintain the stock…