No, the Federal Reserve did not cut interest, but one central bank did - the RBNZ, which is short for the Reserve Bank of New Zealand.
For the first time in 5 years, the Reserve Bank of New Zealand cut interest rates by 25bp to 8 percent and signaled that rates will be cut even further. [...]
Entries Categorized as 'New Zealand dollar'
A Surprise Interest Rate Cut from New Zealand
July 23, 2008
In the Financial Papers: Today’s Top Forex News 07.10.08
July 10, 2008
Here is the “In the Financial Papers Radio Broadcast” (Length: 7:48 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
Read my Daily report on DailyFX.com
In the Financial Papers:
Podcast Covers:
Jobless Claims Drop Distorted by Seasonality
Australian Employment Numbers Much Stronger than Expected
Bank of England Leaves Interest Rates Unchanged
Ex BoE Goodhart [...]
Currency Forecasts for Q3
July 7, 2008
My team at DailyFX just published our third quarter currency market forecasts. Definitely worth a read:
EUR/USD (Link to Fundamental and Technical Outlook)
- Oil is Determining Fed Policy
- Federal Reserve: A Third Quarter Rate Hike?
- When Will the US Consumer Buckle?
- Labor Market: String of Job Losses Set to Continue
- The US Dollar At or [...]
In the Financial Papers: Today’s Top Forex News 05.21.08
May 21, 2008
Here is the “In the Financial Papers Radio Broadcast” (Length: 5:14 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:
Podcast Covers:
Fed Chairman Kohn Paints Dour Picture
Japan Weighs Releasing Rice Reserves
Vietnam Considers Ending Rice Export Curbs
Is Inflation NExt Fight for the Fed?
UK Rentals See Boom as [...]
FX Market: What to Expect Next Week
May 16, 2008
For the better part of this past week, the Euro, Japanese Yen and British pound have been trapped within a tight trading range against the US dollar. Even though the moves in all 3 of these currency pairs have been relatively significant, especially in the EUR/USD, they pale in comparison to the moves in [...]
Posted in








content rss
Recent Comments