monetary policy

After close to two months of decline, the Kiwi Dollar came out as the top performing currency for the week, gaining close to 0.45% against the Greenback. The Euro came in second gaining 0.41% as hopes of a resolution to the Greece crisis…
Read More

The Reserve Bank of Australia decided to keep interest rates unchanged at the current levels of 2% but determined that further assessment of economic data was needed for future course of policy action. The RBA's decision was largely in line…
Read More

The Japanese Yen emerged the top performing currency last week with the US Dollar tailing a close second. The Greece developments were clearly a catalyst as investors flocked to the safe haven Yen and the Greenback, shedding the more risky…
Read More

US Federal Reserve left interest rates unchanged while revising down its forecasts for 2015. The Fed expects to hike rates to the median forecasts of 0.675% by the end of the year 2015 indicating two rate hikes in store for 2015. The US…
Read More

The RBA released its meeting minutes for the monetary policy review conducted on June 2nd this month. The meeting minutes did not steer too much from the usual narrative of talking about the housing markets and the real estate bubble,…
Read More

The Reserve Bank of Australia met earlier today for its monthly monetary policy review. As widely expected, the RBA left rates unchanged noting that since the bank cut rates just last month, more economic data needed to be reviewed before…
Read More

The parliamentary fight seems to go between the David Cameron’s Conservative Party and Ed Miliband’s Labour Party. Recent polls have shown that the majority is owned by David Camerons’s party, so the sterling pound rallied against other…
Read More

The currency markets were very volatile this week with the US Dollar paving the way for a correction. The weakness in the Greenback saw most of its peers rally across the board after what seems like ages after a bearish trend. It is still…
Read More

Crude oil prices gathered bullish momentum this week as economic data from the US continued to remain weak or subdued at best. Read the full analysis
Read More

The Forex daily summary for 8 April features Japan economy watchers sentiment, France trade balance, UK housing equity withdrawal and more
Read More