How much the FED will cut its rate this week?

With the current US battling economy, FED is highly likely to bump down its key interest rate again.
The market is confident that Federal Reserve will only lower its interest rates by 25 basis point on Wednesday. However, many analysts also believe that this rate cuts may turn out be the last one for the near […]

Will EUR/USD Break 1.60?

From all angle, it’s highly likely that that the EUR/USD will break 1.60. How high the Euro against the US dollar will climb is anyone’s guess.
With the current high inflationary, European Central bank will not be in a hurry to stop the currency from rising.
And as for the US dollar, with concerns about  recession and […]

FED lowered Interest Rate to 2.25%

Its official, FED has slashed its overnight banking rate by three-quarters of a percentage point to 2.25%.
After the rate cut, US dollar moved higher against the Euro and the British Pound. This  was a less aggressive move by the FED as many players were disappointed as they were  anticipating a full percentage point cut.
Cheers, Kampai, […]

Will FED Cut on Tues, 18 Mar 2008 save the US$?

On Mar 08, I wrote the post How Low can the US Dollar Goes?
After a week, it turned out that my sentiment toward the US$ was right. The US dollar has plunged to a 13 years low against the Japanese Yen at around 99.03, broken the psychological 100 barrier. The Euro has also traded at […]

Australian Central Bank raises Interest Rate to 7.25%

Australia central bank hikes its key interest rate by 25 basis points today to a fresh 12-year high of 7.25%. This is a bid to curb inflation amid robust economic growth.
Cheers, Kampai, Proscht^^!!

How Low can the US Dollar Goes?

Despite the fact that the US dollar moved to an all-time low against the EURO on 27th February breaking the key psychological barrier of $1.50 for the first time since the 15-nation currency was launched in 1999, it seem clear that the fall is continuing.
Driving much of the US dollar’s decline were remarks about […]

Major Currencies Interest Rate as of 11 February 2008

Following the latest EUR and GBP interest rate released on 7th Feb 2008. Interest rate for Sterling Pound was cut from 5.50% to 5.25% after caving in to the rumors of an imminent economical recession. On the other hand, as expected, European Central Bank holds its interest rate steady at 4% for the eight […]

FED cut Interest Rate to 3.00% on 30th January 2008

On Wednesday, as forecasted by many financial analysts, US Federal Reserve made its second deepest interest-rate cut by 50 basis points. Within a short span of less than 2 weeks, FED has lowered its overnight bank lending rate to 3.0%. Just 4 months ago, the rate was 5.25%.
The FED believed that the rate […]

Will there be any FED Rate Cut on 30th Jan 2008?

With hours to go before the next FOMC meeting on 30th Jan, everyone in the global financial market is waiting for US Federal Reserve official Interest Rate announcement.
All the players are guessing and speculating whether FED will continue to cut its Interest Rate further or put it on hold.
With the latest cut of three-quarters of […]

Is Fed cutting interest rate by 50 or 75 basis point cut on 29th-30th Jan? Or will the cut be now?

For Forex traders trading on Fundamental Analysis and News, being updated and knowing what is happening may be vital for one’s trading success.
Currently in the US, Dow Jones is down around 6% since the beginning of the year and the Nasdaq has shed almost 10%. Banks keep making public announce about their big write-off from […]

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