Australian Dollar Threatened As Lending Shrinks To Lowest In 14 Years, Points To Rate Cuts
Australian Dollar Threatened As Lending Shrinks To Lowest In 14 Years, Points To Rate Cuts
The Australian Dollar could face downward pressure from additional interest rate cuts as the RBA tries to boost credit access after lending to the private sector dropped to the lowest in over a decade. The Euro and British Pound kept to […]
Bank of Japan Cuts Rates to 0.1% While US Gov’t Bails out Auto Sector
Bank of Japan Cuts Rates to 0.1% While US Gov’t Bails out Auto Sector
JPN Bank of Japan Cuts Rates, Gov’t Approves Emergency Stimulus Package
The Bank of Japan cut its key interest rate to 0.1% from 0.3% Friday. It also laid out a plan to boost liquidity in the financial and corporate debt markets by buying […]
New World Wednesday As US Cuts Rates To 0.25%
New World Wednesday As US Cuts Rates To 0.25%
U.S. Dollar Trading (USD) the US Federal Reserve changed its monetary policy overnight slashing the Fed Funds rate by 0.75% to 0.25%. Also accompanying the release was a statement that confirmed the Fed will continue to buy Mortgage backed securities and long term treasuries. The USD came […]