Interest Rates News
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Dollar hit by BoJ stimulus decision
12 Jun at 9 AM
News Item Link: Dollar hit by BoJ stimulus decision
The yen is up significantly against the US dollar following the Bank of Japan’s decision not to introduce any fresh stimulus. The worry for investors is that other central banks could also decide to cut short their easy money programmes.
All eyes have been on the Federal Reserve recently to see whether its bond buying programme will be...
Dollar firm ahead of jobs report
5 Jun at 9 AM
News Item Link: Dollar firm ahead of jobs report
The US dollar has recovered some ground against the yen after falling to its lowest level in four weeks against the Japanese currency on Monday. The greenback was given additional support following reports that the Japanese government will push public pension funds to invest in overseas assets and equities.
The dollar gained 0.4 per cent...
Euro drops against the dollar
24 Apr at 9 AM
News Item Link: Euro drops against the dollar
The euro has ended at its lowest level against the US dollar in two weeks as weak data from Germany indicates that recovery in the eurozone remains sluggish. The news also means the European Central Bank could move ahead with an interest rate cut.
At its lowest point the euro was trading at $1.2971 and was last at $1.2998. Data for April...