SearchTags: fomcEconomic Calendar for Today10th May 2006 Economic Calendar for: Wednesday 10th May 2006
Time GMTeventexpectprevious05.00Japan March Leading Economic Index90.0%90.9%05.00Japan March Coincident Index 50.0%05.00Japan April Machine Tool Orders yr/yr 5.2%06.00Germany March Trade Balance13.3bln E13.… more » US Dollar back in favour29th March 2006 The consensus amongst forex traders is that following the statement after the FOMC meeting the Federal Reserve is looking for possibly two more ¼ pct rises in interest rates to 5 ¼ pct. The reference to the risks from ‘higher capacity use and elevated en… more » Categories: Forex News Federal Reserve raises rates - official statement.28th March 2006 The Following is the Press Release from the Federal Reserve FOMC meeting.
“The Federal Open Market Committee decided today to raise its target for the federal funds rate by 25 basis points to 4-3/4 percent.
The slowing of the growth of real GDP in the f… more » Categories: Forex News US Dollar out of favour.28th March 2006 The better than expected German IFO survey data and higher Euro-zone Money Supply data from the European Central Bank ( ECB ) pushed the Euro better against the US Dollar early this morning. The US currency has not been able to recover from this and has… more » Categories: Forex News Euro jumps on strong data.28th March 2006 The Euro jumped 50 pips to a high of 1.2075 on the release of Euro-zone M3 data and German IFO survey results. The closely-watched IFO survey showed German business sentiment unexpectedly rose to a 15-year high of 105.4 in March, lifted by an improvement… more » Categories: Forex News |
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