Central Bank Interest Rate Expectations can and do change based upon economic and market developments. The last time I provided updated CB expectations was in July (yes, I apologize for being tardy) but since then we have seen major changes in investors expect central banks to do this year and next.
Here are the [...]

Posted in Bank of Canada, Bank of England, Bank of Japan, ECB, Fed Rate Cut Expectations, Federal Reserve, Reserve Bank of Australia, reserve bank of australia intervention, reserve bank of new zealand 1 Comment »

The Reserve Bank of Australia made it very clear last night that they do not plan to raise interest rates in the foreseeable future. Despite the rise in commodity prices, the RBA expressed little concern about inflation. As a result, the AUD/USD extended its losses as investors realized that unlike the ECB and [...]

Posted in Australian Dollar, Reserve Bank of Australia, aud/usd, reserve bank of australia intervention No Comments »

With the global economic downturn in full swing, one of the burning questions on everyone’s minds is who will be the first central bank to take interest rates to zero and how close will everyone else get?
We are in a global easing cycle and the varying aggressiveness of central banks around the world means [...]

Posted in Australian Dollar, Bank of Canada, Bank of England, Bank of Japan, Bernanke, BoE rate cut, British Pound, Canadian Dollar, ECB, Fed Rate Cut, Federal Reserve, Forex, Forex News, Japanese Yen, Reserve Bank of Australia, Swiss Franc, USD/CAD, ecb rate cut, forex blog, reserve bank of australia intervention, reserve bank of new zealand, swiss national bank No Comments »

For the third time, the Reserve Bank of Australia has intervened to support its currency which has dropped to a 5 year low against the US dollar.
Over the past month, the AUD/USD has fallen 25 percent against the greenback and 35 percent against the Japanese Yen.
As much as we applaud RBA Governor [...]

Posted in Australian Dollar, reserve bank of australia intervention No Comments »

After the sharp volatility in the currency and equity markets during the Asian and European trading sessions, the US session was relatively quiet up until the last 10 minutes of trading. For most of the US session, stocks oscillated between positive and negative territory, giving traders hope that we may be finally seeing some [...]

Posted in Australian Dollar, ECB, Fed Rate Cut, Federal Reserve, Forex News, Japanese Yen, US Dollar, US Economy, euro, reserve bank of australia intervention No Comments »