The Fed indicate dollar firmness and global economic slowdown as threats to US recovery
The Federal Reserve minutes released on Wednesday show central bankers’ anxiety about the strong US dollar and the global economic slowdown. The minutes released of the Federal Reserve’s last policy meeting, More...
The Australian dollar rallies as jobs numbers beat expectations
The AUD/USD surged on better than expected employment report and decelerating inflation in China, while the NZD/USD erased earlier gains after the RBNZ left interest rates unchanged. The Aussie was pushed higher More...
Bank of Japan Board to shrink forecasts on fiscal year
At its October meeting, the Bank of Japan may revise its growth forecast downwards, which would underscore the current weakening of the economy. For the Bank of Japan, the fourth time to cut its growth forecast More...
Recovery in the EU stalled in the second quarter due to weak inflation and effects of the Ukrainian crisis
The euro recovery slowed down in the second quarter in the three most prominent euro zone economies; inflation at its slowest pace since 2009. Recovery stalled in the second quarter for the leading EU economies, More...
Dovish BoE report puts the fragile correction of the pound to an end
The inflation report released on Wednesday showed central bankers expectations of subdued wage growth in the coming months; inflation forecasts were also slightly lowered. The release of the Bank of England inflation More...
