What the Central Banks did this month
Australia:The Reserve Bank of Australia (RBA) kept rates on hold at +4.75% as widely expected. React...
Week in Review September 4-9
All policy makers have been reading from the same dovish script this week. The general message from...
Euro Falls to 6-Month Low
The euro fell below $1.37 this morning to match a six-month low on growing speculation that the Euro...
Japan’s Economy Contracts More Than Expected
Japan's second quarter results were worse than expected contracting by 2.1 percent for the three mon...
EUR/CHF 1.20 fixation-who will do the pushing?
Investors are too beat up to be running ahead on speculation. It’s G7 day and the r...
OECD Calls for Easing Monetary Policy; Slashes Global Outlook
The Organization for Economic Cooperation and Development released a report today calling for centra...
Greek Inaction Leads to Talk of Euro Dismissal
Greece's inability to achieve austerity targets as required for further support has led to calls by ...
EUR flatlines ahead of ECB decision-Not for long
When President Obama finally hits the airwaves this evening, capital markets will already be jugglin...
Eurozone Engine Stalls; German Court Rules Bailouts Legal
Yesterday’s announcement that factory orders in Germany plunged 2.8 percent in July...
Swiss Franc Declines After SNB Moves to Peg Currency
Yesterday's announcement by the Swiss National Bank that it would seek to maintain the currency at 1...
Australia Returns to Positive Growth
Following a disastrous first quarter in which the economy declined by 0.9 percent as floods and mass...
BoC Statement
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per...