USD/CAD Rises on Unchanged Policy
The Bank of Canada left the interest rate unchanged and more importantly – left the forecast unchanged. Without an upcoming rate hike, the Canadian dollar loses ground to the greenback. Mark Carney likes clear messages. In the headline provided with the rate statement he “reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010″. This unchanged policy comes on top of improving conditions, and is a disappointment. USD/CAD rose from 1.03 to 1.0340 after the decision, but still remains in the range mentioned in the Canadian dollar forecast . After stronger inflation numbers and improving employment conditions, Carney probably wanted to cool down the …
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GL_Software (Geir Laastad) : The Latest News About Forex Trading From Gl_software http://tinyurl.com/yjokz3e.. Updated : 2010-03-13T23:54:47Z | Reply | View Tweet |
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tradepips (Trade Pips) : http://bit.ly/9m3LOF U.S. retail sales beat blizzards with surprise rise in Feb http://bit.ly/921STJ #Forex #MKT #news.. Updated : 2010-03-13T23:48:23Z | Reply | View Tweet |
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Financial_News_ (Financial News) : New post, "#EURUSD #Forex #News EUR/USD im Fokus http://url4.eu/1mKhf Forex ..." - http://bit.ly/a426cF.. Updated : 2010-03-13T23:47:20Z | Reply | View Tweet |
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FRWCRobots (FRWC Robots) : The Latest News About Forex Robots From Frwcrobots http://tinyurl.com/yzj9eze.. Updated : 2010-03-13T23:40:19Z | Reply | View Tweet |
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tradepips (Trade Pips) : http://bit.ly/9m3LOF Retail Sales Growth Supporting Economic Recovery http://bit.ly/9ga5xz #Forex #MKT #news.. Updated : 2010-03-13T23:37:24Z | Reply | View Tweet |
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Bernanke: Fed Reserve Will Tighten Monetary Conditions
[Business & Finance]This Wednesday, Ben Bernanke, the Federal Reserve chairman, gave his semiannual Monetary Policy Report to the U.S. House of Representatives in Washington, D.C. The US dollar had a mixed reaction to the news since this was an uneventful speech, mostly focused on regulatory reform and increasing transparency.
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Forex News and Rumors - Afternoon Update
[Business & Finance]Eurozone Small Business Face Greater Difficulties in Securing Loans A survey of small businesses in the eurozone revealed that smaller firms are facing...
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Forex News and Rumors
[Business & Finance]Asian Growth Projections Boosted According to the Asian Development Bank (ADB), the economies of both China and India are expected to grow more than...
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ForexTradingGuru
[Business & Finance]Forex news site recommendation by FxAlerts.net...
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Forex Trading the News – A “No-Go” Zone?
[Business & Finance]Trading forex can be based on technical indicators from the charts or on pure forex news releases. Major news affairs and economic data make huge impact on currency movements and ignoring new releases sounds like a big mistake. However, a lot of traders choose not to include forex news in their analysis. Why is trading news more difficult then ...
