Posts Tagged ‘Rate’
Loonie Mixed Before Bank Of Canada Rate Decision
Loonie Mixed Before Bank Of Canada Rate Decision
(RTTNews) – The Canadian dollar was mixed versus its major rivals in early trading on Tuesday, improving from session’s lows against the greenback and yen while moving range-bound against the euro as traders look forward to Bank of Canada’s rate decision.
Read more on INO News
Dollar trades higher on interest rate expectations
Dollar trades higher on interest rate expectations
The Australian dollar was trading near a two-year high today as investors were attracted to relatively high local interest rates and the probability of a rate rise next month.
Read more on Brisbane Times
EUR/USD: Trading the FOMC Interest Rate Decision
As policy makers in the world’s largest economy anticipate to see a moderate recovery going forward, the Federal Open Market Committee is widely expected to maintain its current policy in August, but the policy statement accompanying the rate decision is likely to stoke increased volatility in the U.S. dollar as investors weigh the prospects for future policy.
View full post on DailyFX – Trading News Events
GBP/USD: Trading the Bank of England Interest Rate
As market participants speculate the Bank of England to maintain its current policy in August, the British Pound may come under pressures as interest rate expectations falter.
View full post on DailyFX – Trading News Events
British Pound Rallies BoE Minutes, Euro Steady Ahead of FOMC Rate Decision
British Pound Rallies BoE Minutes, Euro Steady Ahead of FOMC Rate Decision
A split in the Bank of England pushed the British Pound to a high of 1.4926 during the European trade as MPC board member Andrew Sentance voted against the majority and pushed for a rate hike earlier this month, and the rise in interest rate expectations may drive the sterling higher going into the North American session as investors weigh the prospects for future policy.
Read more on Daily FX via Yahoo! Finance
EUR/CHF: Trading the Swiss National Bank Interest Rate Decision
EUR/CHF: Trading the Swiss National Bank Interest Rate Decision
As the Swiss National Bank is expected to hold borrowing costs steady in June, the statement accompanying the rate decision is likely to spur increased volatility in the exchange rate as investors weigh the prospects for future policy.
Read more on Daily FX via Yahoo! Finance