Forex Reserves of Bank of Israel Inclined by $545 million in
According to the recent press release by Bank of Israel, the Bank’s foreign exchange reserves inclined during October by $545 million compared to September 2011; the total foreign exchange reserves of Bank of Israel reached $76,902 million.
RBA Minutes Show Central Bank Considered Not Raising Rates
The RBA Meeting Minutes proved to be a bit more hawkish than expected, helping to boost the Australian Dollar. Coming into the report the expectation was that the RBA may be considering lowering interest rates again before the end of the year. Th
Monetary Policy Week in Review - 13 Nov 2011
The past week in monetary policy saw interest rate decisions announced by 9 central banks around the world. Of those that changed interest rates (all dropping rates) were: Indonesia -50bps to 6.00%, Serbia -75bps to 10.00%, and Jamaica -50bps to
MONEY TALKS: Central Bankers Learn To Love Inflation
(Dow Jones via eFXnews) In a speech on Thursday night, Federal Reserve Chairman Ben Bernanke argued the central bank was not doing enough to meet the second of its two mandates--supporting the economy.With U.S. unemployment still at 9% and co
China: From "Soft Landing" to "Fine Tuning"
The latest economic figures from China seem to suggest that the Asian giant is headed for a slowdown. If that happens, will we see a rate cut from the PBoC soon? What will the High Expectations Asian Father meme say? Read on to find out!
Preview: Chinese CPI Expected to Show Cooling Prices in Oct.
As know the Chinese government has made it a priority to stamp out inflation, which rose to uncomfortably high levels earlier this year. The strategy seems to have succeeded in that inflation had peaked in July at a 6.5% annual rate, alongside a
ECB Cut Interest Rate to 1.25% – November
As expected the European Central Bank lower its basic interest rate by 0.25 percent points from 1.5% to 1.25%.
Bernanke Keeps Door Open on Stimulus Plan –FOMC Meeting
Following a two day meeting of the Federal Open Market Committee, it was decided to keep the monetary policy in the same direction with no earth-shattering changes. But Bernanke in the press conference kept the door open of an additional stimulus
4 Reasons Why a Rate Cut From the RBA is in the Cards
During the first half of this year, the Reserve Bank of Australia (RBA) cautioned the market of tighter monetary policy. But in just a matter of days, this threat has made a full 180-degree turn as speculations of a rate cut hit the financial mar
CAD’s Wings Clipped By BOC After Loonie Tests Parity
The Canadian Dollar hit parity against the USD on the back of better global growth expectations, higher oil prices, and stronger fundamentals. The the one thing that could click the wings of the Canadian dollar was a dovish bank of Canada interes
USDCAD Declines On Higher Canadian Inflation
Rising for the second straight day against the US dollar – and the third session of the last four – the Canadian dollar pushed ahead towards parity following an upbeat consumer prices report for the country. According to Statistics Canada, consu
Preview: 3 Scenarios for Canada's Sept. CPI
In order to help us understand what the Bank of Canada does next, its important to monitor the pace of consumer inflation. In the status quo scenario, CPI increases a small 0.1% increase. With the expectation that headline annual inflation will e


