Well, maybe while you were getting ready for bed. The Federal Reserve Bank decided to make an emergency move this evening and cut the bank lending rate to 3.25 percent from the 3.50 percent it was at earlier. This move made by the Fed was meant to “try” and create some stability in the financial [...]
Archive for the ‘ECB’ Category
While you were sleeping!!
Posted in Carry trade, Commodities, ECB, Economics, Euro, Fed, Gold, Japanese yen, U.S. dollar, tagged ben bernanke, Carry trade, dollar, economy, Euro, Federal Resereve, interest rate, rate cut, usd, yen on March 17, 2008 | 1 Comment »
Fed to Add Liquidity
Posted in ECB, Economics, U.S. dollar, U.S. stocks, tagged dollar, ECB, Euro, federal reserve, interest rates, monetary policy, usd on March 11, 2008 | No Comments »
The Federal Reserve moved today to add liquidity to the markets by announcing a series of actions with other central banks to help improve liquidity and lending for the markets. The Fed are taking this coordinated action without cutting interest rates due in part of rising inflation. US markets showed instant gratification in pre-market [...]
Perhaps the ECB will do … nothing?
Posted in ECB, Euro, Fed, U.S. dollar, tagged dollar, ECB, eur, Euro, european central bank, forex, interest rates, rates, usd on November 30, 2007 | No Comments »
As the ECB is due to announce its decision on interest rates, the central bankers face on of the biggest dilemmas. To do it or not?
On one side is the pro-inflation factor of the growing petrol prices, as the inflation in the eurozone reached 3% in the November. [...]
EUR/USD raises a flag
Posted in ECB, Euro, Fed, U.S. dollar, tagged dollar, eur, Euro, flag, forex, price pattern, trichet, usd on October 9, 2007 | No Comments »
It’s been fun to watch the EUR/USD: weeks ago we talked in the Daily Commentary about its trendline bounce up; more recently it surprised me as it broke through rising resistance, and now possibly a flag on the way to a support bounce. There’s a big maybe there, nothing is set in stone but that’s [...]
