Says Greek banks will survive current crisis I’d like to see how they “manage liquidity conservatively” with Granny and Grandpa Stavros banging on the counter to pull their life savings out
Here’s the view of tonights FOMC meeting from some of the banks Goldman: We expect only limited changes to the FOMC statement at the January meeting, with an overall slightly dovish tilt likely. We expect the Committee to maintain its current guidance … Continue reading
There’s two opposing forces at play in the US trade and it’s helping to keep markets from committing one way or another. On one side we have the Fed who have all but said they want rates up. To achieve … Continue reading
Before anyone accuses me/us of neglecting the moves in this popular pair today, with everything centred around the euro, here’s a post to recognize/draw attention to the fact that there’s been plenty going on as I highlighted in my wrap … Continue reading
Expects ECB to buy around €100bn of Spanish debt Price expectations reduce ECB’s room to manoeuver with conventional tools Greece should honor its commitments Greek program provides for possible renegotiation Bank of Spain’s head honcho Luis Maria Linde gives another … Continue reading
Any rate rises will be very gradual and could be half a percent a year for several years New normal of rates might be 2, 3 or maybe 4% Economic recovery is led by business investment Bank of England’s Andy … Continue reading
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.