Swiss Franc Little Changed as SNB’s Jordan Leaves Door Open to Further Rate Cuts
Swiss Franc Little Changed as SNB’s Jordan Leaves Door Open to Further Rate Cuts
Swiss National Bank (SNB) Governing Council Member Thomas Jordan said during a speech this afternoon that the central bank has not ruled out further rate cuts, despite the fact the SNB has already reduced rates to a nearly 5-year low of 0.50 […]
BoE Cuts Rates, GBP Headed Above 1.55?
BoE Cuts Rates, GBP Headed Above 1.55?
As you may now, the Bank of England cut interest rates by 50bp to 1.50 percent, an all time record low for the 300 year old central bank
What I found most interesting about the BoE Monetary Policy Statement is the credit that they are giving to the weak sterling.
“But […]
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 […]