Global markets are expecting an interest rate increase
Thursday, 7 April 2011 09:52
Global markets are expecting an interest rate increase Thursday from the European Central Bank, the question will be how much they will move and if more increases are planned in the coming months.
Read MoreThe European currency hits a new high of 14 months
Wednesday, 6 April 2011 03:28
The Euro continues to appreciate making a new 14-month high against the American currency, boosting it to 1.4315. Analysts remain positive believing the currency could peak even higher at 1.4320 and 1.4356…
Read MoreJapanese currency falls, while Euro appreciates
Wednesday, 6 April 2011 12:16
After the earthquake, tsunami and G7 meeting on the ‘Yen problem’ about a month ago the Japanese currency is continueously declining heavily hitting lows against all major currencies. JPY hit an 11-month low against EUR trading at 121.91 EUR/JPY, and is still falling persistently – currently trading at EUR/JPY 121.28..
Read MoreRAND (ZAR) Falls against the Euro and US$
Monday, 4 April 2011 06:40
Rand (ZAR) drops against the Euro and US$ on the back of expected EU rate hikes later this week
Read MoreECB is set to embark on its rate hikes on Thurday
Monday, 4 April 2011 08:15
The ECB is set to embark on its rate hikes on Thurday with 25bps expected. Euribor interest rate futures are pricing in at least 4 hikes to year end.
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