Tag: interest rates
U.S. Equities — Is the Worst Over?
With the Chinese Black Monday are U.S. Equities — Is the Worst Over?
Wall Street contrarians have been calling for a market correction for months....
GBP/USD Rebounds amid Unanimous BOE Rate Vote
GBP/USD rallied on Wednesday following sharp losses earlier in the week, as the Bank of England stood firmly against raising interest rates at this...
BOE Keeps Monetary Policy Unchanged
The Bank of England held monetary policy steady in April, as policymakers continued to monitor the path of inflation just days after the Conservative...
Bank of England Unanimous in Holding Interest Rates
The Bank of England’s rate setting body was unanimous in holding interest rates at record lows in April, although showed more optimism about the...
Bank of England Maintains Overnight Rate at 0.5% for 6th Straight...
The Bank of England made no changes to monetary policy on Thursday, as policymakers voted once again to keep interest rates at record lows...
Fed’s Yellen Hints at 2015 Rate Hike, but Stresses Patience
The Federal Reserve could begin normalizing interest rates this year, but won’t rush to do so amid tepid wage growth and tame inflation, central...
Bank of England Votes Unanimously to Keeping Interest Rates Low
Lawmakers at the Bank of England voted unanimously to keep interest rates at a record low at this month’s policy meetings, although signs of...
USD/CAD Loses NFP-Inspired Rally amid Higher Energy Prices
The North American currency pair back was on its heels Monday, as rebounding energy prices and better than expected Canadian housing starts supported the...
Canadian dollar rebounds sharply as oil prices rise
The Canadian dollar advanced on Monday as oil prices continued to rally, while US consumer spending declined at the sharpest rate since 2009 and...
US dollar continues higher as Fed pledges patience toward raising interest...
The US dollar advanced against a basket of currencies Wednesday, as the Federal Reserve conveyed optimism that inflation would gradually reach its target in...
Unexpected ECB Rate Cut Sends EUR/USD Plunging
A dramatic cut in interest rates, announced by the European Central Bank yesterday afternoon, sent the euro into freefall. The central bank has brought...
FX Swaps & Interest Rate Swaps Explained: Part 2
In the first part of our series on swaps, we looked at two of the most common types of financial swap, the plain vanilla...
FX Swaps & Interest Rate Swaps Explained: Part 1
In the first part of our series on FX swaps and interest rate swaps, we'll be explaining what they are, how they work, and...
Bank of England to Keep Interest Rates at Historic Lows
Today, the Bank of England released its quarterly Inflation Report, which came with the announcement that interest rates would be kept at historic lows...