Tags: interest rates

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 »
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Early Morning Forex Comment


27th February 2006
US Dollar, Japanese Yen both strengthen in Asia trade. Comments by Fiscal and Economic Policy Minister Kaoru Yosano that there's ``hardly any difference between the Bank of Japan and the government's views of the economy”, gave currency traders yet anot… more »
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Afternoon Forex comment


24th February 2006
US Dollar / Japanese Yen update A close below 116.70 for the Japanese Yen would be the strongest close since the end of January. This would be a strong signal for traders to take the Japanese Yen to the expected support at 116.10 and then the next targe… more »