Forex News and Rumors

UK Plans for 5 Billion Pound Bond Sale

The British government plans to sell up to 5 billion pounds ($8.2 billion) worth of bonds this week to provide funding for additional economic stimulus packages. More

Dollar Gains on Vote of Confidence

The dollar rose this morning after Russian finance minister Alexei Kudrin said that the dollar would not be replaced as the world’s reserve currency. Earlier in the year, both Russian and China suggested that the dollar should be replaced with a basket of currencies. More

Bank of Canada May Buy Bonds to Weaken Currency

Suggesting that the strengthening Canadian dollar could stall economic recovery, Bank of Canada Governor Mark Carney may resort to quantitative easing in the form of buying bonds to offset the Canadian dollar’s recent surge. More

Crude Prices Fall on Strengthening Dollar

Oil prices retreated 94 cents to $71.10 a barrel as investors turned to a strengthening dollar. More

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.