Yellen’s 2013 financial assets were valued at $5.3-$14.1 million, according to a disclosure from the ethics office. That’s up from $4.8-$13.2M in 2012. That’s up 10.4% at the bottom end and 6.8% at the top end. That’s a decent return, … Continue reading
Headlines on Bloomberg: Reserve Bank of New Zealand sold NZ$2m in July – Yes, you read that right… NZ$ 2 million No intervention .. the Kiwi fell all by itself! (they didn’t intervene in June either)
Prior close 6.1432 People’s Bank of China (PBOC) to drain 10bn yuan via 14-day repos today People’s Bank of China (PBOC) to inject 45 bn yuan this week vs. 11 bn injection last week
Due at 0130GMT (2130NY time), China Industrial profits YTD for July, prior was +17.9%
Central banks play a critical role in forex market trading by changes in policy that can impact money flows. The U.S. Federal Reserve Bank and others often purchase assets in the open market and directly impact interest rates through quantitative easing. Central banks can change expectations and decisions on interest rates banking institutions lend to each other depend on each country's economic outlook. Get the most updated real-time central bank news from the United States, the U.K. the Euro zone, Africa, the Americas and Asia daily at ForexLive.com. See the ForexLive.com economic calendar and find the most relevant economic data events that can impact currency pairs you trade. Central Bank decisions can move markets, be the first to know by checking our real-time forex updates daily.