Interest rates news

  Japanese Yen: Speculation for Intervention to Intensify Ahead of BoJ Fundamental Forecast for Japanese Yen: Bearish - Current Account Surplus Widens on Rising Exports - 4Q GDP Expands Less-Than-Expected - Machine Tool Orders Jump at Record-Pace in February The Japanese Yen continued to pare the sharp rally from February, with the USD/JPY crossing back above the 50-Day SMA (90.44) to reach a…

 The USD/JPY reversed earlier gains as it looks to continue the current bullish trend. Last week we pointed out a divergence between the pair and equity markets as an opportunity. We finally saw the expected yen weakness as the pair caught up with rising equity markets soaring over 200 pips. Dollar/yen has seen its correlation with risk jump to 48% from 34% a month ago as the pair continues t…

What's more important: A jump in retail sales data that you'd have bet the bank would decline amid February's winter snowstorms, or the proposed appointment of a dove as number two at the Fed? With the dollar apparently weakening ahead of the report on rumors that San Francisco Fed President would be nominated as vice chairman to Ben Bernanke, investors began to wonder if ever short term interest …

The U.S. economy released its retail sales showing that they surpassed estimates, yet the dollar is declining as a result of anticipations that the Federal Reserve Bank will leave interest rates near zero throughout most of this year, therefore discouraging investors to buy the dollar. The Dollar In...

Finally some important economic figures were released today after a calm week of no important economic figures. Today the SNB Swiss National Bank kept its key interest rate on hold at 0.25%, they mentioned that they still looking towards a weak Swiss Franc to help to stabilize the Swiss Economy and support the exports. This comment gave us a sign that the USDCHF is likely to rebound again to break…

Ahead of another heavy U.S. Treasury auction, with today the turn of the 30-year maturity, dealers have sold bonds ahead of time bowing to slightly more favorable economic data. Strong industrial production, retail sales and bank lending data emerging overnight from the Chinese economy coupled to a report indicating a rise in its inflationary pressures, also helped pressure global bond prices lowe…

The Cable has bounced back above its psychological 1.50 level after Consumer Inflation expectations came in at 2.5%, a basis point above analyst expectations. The price gains we’ve seen in the UK over the past month could keep the BoE at bay, even if the central bank has stated that the price pop is just a result of a return of the VAT.

The British pound appreciated vis-Ã -vis the U.S. dollar today as cable tested offers around the US$ 1.5065 level and was supported around the $1.4945 level. A Bank of England quarterly inflation survey was released today in which U.K. inflation expectations climbed to their highest level since November 2008. This increase in expectations has added to speculation that interest rates could rise.

According to the European Central Bank\'s March monthly bulletin, the bulletin is merely the minutes for the ECB March meeting, when the ECB decided to keep interest rates unchanged and withdrew further easing measures.Though ECB President Trichet did provided all the details regarding the meeting in...

The Swiss National Bank is meeting today for their interest rate meeting. Consensus is that they will leave rates unchanged at 0.25%. What Forex traders will be watching is any word about possible future intervention, as the Swiss Franc continues to strengthen against the Euro.

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Overnight data released in China showed better than expected growth in factory output, and consumer inflation rose to a sixteen month high. CPI rose to 2.7% in February. This has raised concerns that the Chinese central bank may increase monetary tightening, and possibly raise interest rates. There is a school of thought that gradual tightening may not be enough to curb the robust growth levels. E…

FXstreet.com (Barcelona) - The Swiss National Bank has decided to keep the interest rate at0.25%... For more information, read our latest forex news.

Usd/chf - 1.0705 ... SNB kept interest rate unchanged at 0.25% as widely expected. SNB expected 2010 GDP growth at around 1.5% versus prev. forecast of 0.5-1.0% n forecasted 2010 inflation at 0.7% against prev. expectation of 0.5%.

The Bank of Korea decided to keep interest rates unchanged at 2.00% for the 13th straight month as the central bank is trying to maintain investments growth, and support the labor market, in addition to backing recovery from the worst recession since WWII.

New Zealand Central Bank decided to keep its interest rates unchanged at 2.50% as already forecasted by the market.

The Swiss National Bank is widely expected to hold the benchmark interest rate at 0.25% in March as the central bank aim to balance the risks for the economy, and comments following the rate decision is likely to spark increased volatility in the exchange rate as investors weigh the outlook for future policy.

Former Italian Prime Minister and no stranger to yawning fiscal deficits, Romano Prodi said earlier today that the Greek crisis is over. Having weathered the storm and with less time pressing their own fiscal agenda, the former President of the European Commission said that other lesser indebted Eurozone nations will be spared the Greek-style drama. Signor Prodi sees no reason for other Eurozone m…

The GBP/USD appears directionless as its main drivers of price action have continued to lose influence. Risk trends hold the strongest relationship with a 33% correlation, but recent divergence has seen the level of explanation slide from 41% a month ago. The support that risky assets have generated hasn’t translated into sterling gains as the prospect of more quantitative easing from the Bo…

You can almost see the headlines coming now. European politicians are crying foul over rogue derivative bets that helped derail the Greek fiscal wagon. But while the picture is there for all to see, even the German financial regulator BaFin says that there is a lack of evidence of how investors built positions using credit default swaps. The furor is likely to get louder following German Chancello…

The NZD/USD has been trading in a tight 300 pip range since early February as ebb and flowing risk sentiment has left the pair without a clear direction. The improving global economy has been offset by lingering concerns that post credit crisis fallout remains, which has been enhanced by the credit issues in Europe. The lack of job growth and consume spending has markets concerns that dissipating …

Crude oil is set to extend losses on fading risk appetite while gold and silver decline amid firming US interest rate expectations.

The Reserve Bank of New Zealand is widely anticipated to keep the benchmark interest rate at 2.50% this week in an effort to balance the downside risks for the economy, and comments following the rate decision are likely to stoke increased volatility in the exchange rate as investors weigh the prospects for future policy.

Bond traders are in no mood to be the last one out of the exit today. Friday's U.S. employment report provided enough reason to start lightening the safe-haven payload of government debt, while the support from French President Sarkozy for the government of Greece was enough to spark a risk revival in equities, commodities and riskier currencies. Such a move argues against the recent bid to bonds …

Euro/Dollar depreciated first on Friday ahead of the US Nonfarm payrolls, the Unemployment report and ECB announcement to keep interest rates low. The currency couple tested the lower 1.3545 level after the positive jib figures, from where it started rising up to 1.3624, closing the week at 1.3620. On the 3 hour chart downtrend has lost strength and on the 1 hour we see range trading, which gives …

NFP, ISM Survey, Australian interest rates decision