Forex News and Rumors

Fed Expected to Cut Interest Rates

Analysts expect the U.S. Federal Reserve to cut interest rates today with some predicting a full percent to be trimmed.

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Interest Rate Cut Speculation Fuels Market Revival

Trading in Europe and Aisa saw gains Tuesday morning on speculation that the U.S. Federal Reserve will reduce rates today, with the European Central Bank and the Bank of England to join the rate cut parade next week.

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South Korean Won on the Rise

After sinking to a decade-long low earlier this week, the government announced plans for a stimulus plan to boost the economy.

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Add Hungary to the List

First Iceland then the Ukraine – now you can add Hungary to the list of countries to receive IMF aid.

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