The Swiss National Bank believes the unconventional measures it has had in place since March 2009 to fight an economic recession have worked well, central bank president Jean-Pierre Roth said on...
EUR/USD lower as ACB sales take their toll
Written by Gerry Davies
November 20, 2009 at 09:37 GMT
EUR/USD is down at 1.4890. There have been ongoing reports of continued ACB selling above...
Federal Reserve officials are stepping up scrutiny of the biggest U.S. banks to ensure the lenders can withstand a reversal of soaring global-asset prices, according to people with knowledge of the...
EURUSD: Upside Seen Above The 1.4736/1.4625 levels.
EURUSD- Price hesitation continues to be seen with EUR holding firmly above its LT rising trendline and its major emas. We maintain that whi
Oil prices steadied below $78 a barrel on Friday, looking for fresh direction after a firmer U.S. dollar and weak stock markets triggered a 2 percent fall the previous day.
The dollar and yen kept their broad strength on Friday as investors continued to sell higher-yielding currencies and took profits from gains made in the past few months in risky assets.
Bank of Japan Governor Masaaki Shirakawa said on Friday there was no big gap in the views of the central bank and the government that the country is experiencing sustained price falls.
Shirakawa...
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Browse > Home / All, Central Banks, Europe, Regions / Fed’s Fisher: Too big to fail problem must be addressed Fed’s Fisher: Too big to fail problem must be addressed
By Gerry Davies || November 20,...
Friday, Germany's Federal Statistical Office announced that the producer price index or PPI dropped 7.6% year-on-year in October, same as in the previous month. Economists expected a decrease of...
Asian policy makers are studying capital controls to limit “hot money” inflows that may stoke asset bubbles and force their currencies to appreciate.
Officials from India, South Korea and...
China signaled Friday it may initiate a cautious monetary-policy tightening in the new year, starting with a ratcheting up of the ratio of funds that banks must set aside as reserves.
Wu Xiaoling...
EUR/USD opens steady
By Gerry Davies || November 20, 2009 at 06:11 GMT
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EUR/USD sits at 1.4920 effectively where it closed out Thursday in North America, the...
Japan's deputy prime minister acknowledged Friday that the nation's economy is in a deflationary phase and that the government will convey its view to the central bank.
"(The government) holds the...
Japan's finance minister voiced strong concern Friday about deflation in the world's number two economy, saying it was a major challenge for policymakers.
"The recent price falls are not right and...
The Japanese government said on Friday that the nation has fallen into deflation, exacerbating fears that the recent tentative economic recovery may slide into reverse.
Deputy Prime Minister...
The Bank of Japan kept interest rates on hold and upgraded its assessment of the economy on Friday despite government grumbling that its forecast of a moderate economic recovery is too rosy.
The...
The Bank of Japan held interest rates near zero amid mounting government pressure for it to fight deflation.
Governor Masaaki Shirakawa and his colleagues held the benchmark overnight rate at 0.1...
America's super-easy monetary policy has drawn a blast of criticism lately from the high and mighty of Asian finance. President Barack Obama and Federal Reserve Chairman Ben S. Bernanke stand accused...
China is passive on the value of the U.S. dollar as the level doesn’t affect the nation’s economy, central bank Governor Zhou Xiaochuan said, rebuffing criticism that the government is devaluing the...
Treasury three-month bill rates turned negative yesterday for the first time since financial markets froze last year on concern that prices of everything from stocks to commodities are too high given...
China needs to maintain a certain spread between deposit and lending rates in order for banks to be able to support the economy, Zhou Xiaochuan, the governor of the People's Bank of China, said on...
GBPUSD: Trendline Break Highlights The 16514 level
GBPUSD- GBP ended a third-day of downside weakness on Thursday breaking below its short term trendline(clearly seen on the 4 hourly chart) drawn...
Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., said Chinese growth is likely to be hurt by an absence of consumer demand from trading partners such as the...
The Bank of Japan will probably signal today that it’s in no hurry to raise interest rates from near zero amid mounting government concern that the economy is slipping back into deflation.
...
Canada's economic recovery is starting, but its strong currency is offsetting many of the improvements reflected in recent data, Bank of Canada Governor Mark Carney said on Thursday.
In the...
Bank of Canada Governor Mark Carney said the global economic recovery could be hobbled if China and other major countries keep restricting movements of their currencies.
Countries that peg their...
Gold prices settled slightly higher Thursday, rebounding from early losses as strong investment fund demand more than offset selling prompted by a higher dollar.
The U.S. Dollar is trading higher against most major currencies this morning with the exception of the Japanese. Easing in equity, gold and crude oil prices is sending a signal to traders to lighten...
