Friday, October 12, 2012

DailyMarkets.com - Forex Trading: EUR/USD Bounces Back After Hitting 10-Day Low

DailyMarkets.com - Forex Trading: EUR/USD Bounces Back After Hitting 10-Day Low

Forex Trading: EUR/USD Bounces Back After Hitting 10-Day Low

Posted: 12 Oct 2012 12:55 AM PDT

EUR/USD Bounces Back after Hitting 10-Day Low
After dropping to a 10-day low vs. the US dollar in overnight trading yesterday, the euro was able to stage a significant recovery during the European session yesterday. In addition, a better than expected US unemployment claims figure resulted in the USD to turn bullish against the Japanese yen. As markets get ready to close for the weekend, traders will want to pay attention to several potentially significant US indicators. The PPI, set to be … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Oct. 12, 2012: Plosser Says 2015 Fed Rate Outlook Risks Spurring Inflation

Posted: 12 Oct 2012 12:40 AM PDT

Here’s today’s Central Bank News link list, if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news.

Plosser says 2015 Fed rate outlook risks spurring inflation (Bloomberg)
HIGHLIGHTS-IMF, World Bank meetings in Tokyo … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Singapore Keeps Policy Stance Steady

Posted: 12 Oct 2012 12:33 AM PDT

    The central bank of Singapore held its policy stance unchanged, saying it’s current level is appropriate in containing inflation and keeping the economy on a sustainable growth path.
    The Monetary Authority of Singapore (MAS), which targets a “modest and gradual appreciation” of the Singapore dollar against a basket of currencies, said there would be “no change to the slope and width of the policy band, as well as the level at which it is centered.”
  … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Peru Keeps Rate Steady, Says Inflation Rise Temporary

Posted: 12 Oct 2012 12:03 AM PDT

    The central bank of Peru held its benchmark interest rate steady at 4.25 percent, as widely expected, saying an increase in inflation reflected temporary supply issues while domestic growth was close to the country’s potential.
     Central Reserve Bank of Peru (BCRP), which has kept rates unchanged since April 2011, said economic growth had stabilized around its long-run sustainable level but some of the export-linked areas had shown some weakness and there was … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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