The Bank of England minutes indicated that policy makers unanimously decided to leave the interest rate unchanged at 0.5%. Meanwhile eight member of the monetary policy committee voted to maintain the......

The Federal Reserve Bank of Dallas President, Richard Fisher stated that the Central Bank’s attempts to stimulate the economy and avert a new recession have failed. Further, he added that ......

The Australian dollar fell against the greenback after the release of the minutes of the RBA meeting, which had a dovish tone and indicated that policy makers were concerned over slowing global ......

The Canadian dollar declined against the greenback as crude oil prices declined and European expansion slowed more than expected, raising concerns over a slowing world economy. Disappointing ......

Expectations that Switzerland authorities would resort to dramatic measures to weaken its currency sent the franc sharply lower Tuesday.However, mounting fears of a worldwide recession, a wrenching ......

In the Asian session at 3:00GMT, the pair is trading lower from yesterday’s close at 23:00 GMT, by 0.14%, at 76.67.The first short term resistance is at 76.87, followed by 77.07. The pair is ......

In the UK, on an annual basis, the consumer price inflation rose to 4.4% in July, compared to a rate of 4.2% recorded in June. Additionally, the retail price inflation remained unchanged at 5.0% ......

The German Chancellor, Angela Merkel and the French President, Nicolas Sarkozy rejected an expansion of the €440 billion rescue fund and rebuffed calls for joint Euro borrowing to end the debt ......

In the Asian session at 3:00GMT, the pair is trading at 1.0491, 0.10% higher from yesterday’s close at 23:00 GMT, after the release of RBA minutes.The Reserve Bank of Australia (RBA) stated that......

n the Asian session at 3:00GMT, the pair is trading at 0.9812, flat from yesterday’s close at 23:00 GMT.The first area of short term resistance is observed at 0.9885, followed by 0.9959 and ......