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Forex News and Rumors

Fed Expected to Cut Interest Rates

Analysts expect the U.S. Federal Reserve to cut interest rates today with some predicting a full percent to be trimmed.

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Interest Rate Cut Speculation Fuels Market Revival

Trading in Europe and Aisa saw gains Tuesday morning on speculation that the U.S. Federal Reserve will reduce rates today, with the European Central Bank and the Bank of England to join the rate cut parade next week.

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South Korean Won on the Rise

After sinking to a decade-long low earlier this week, the government announced plans for a stimulus plan to boost the economy.

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Add Hungary to the List

First Iceland then the Ukraine – now you can add Hungary to the list of countries to receive IMF aid.

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Recent Articles

Posted by Staff at 6:58 am UTC, 05/16/2012
Posted by Dean Popplewell at 6:34 am UTC, 05/16/2012
Posted by Scott Boyd at 3:38 pm UTC, 05/15/2012

Forex Insights »

Posted under USD, EUR, GBP, CHF, JPY, AUD, CAD at 9:03 am UTC, 05/16/2012
Posted under USD, EUR at 8:57 am UTC, 05/16/2012

Latest Articles

Posted by Scott Boyd at 3:46 pm UTC, 05/16/2012
Posted by Staff at 6:58 am UTC, 05/16/2012
Posted by Dean Popplewell at 6:34 am UTC, 05/16/2012
Forex Rates
Interest Rates

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May
16
Today’s Global
Market Events
8:30am

CAD
Manufacturing Sales m/m
0.4% vs. -0.3%
USD
Building Permits
0.73M vs. 0.75M
USD
Housing Starts
0.69M vs. 0.65M
9:15am

USD
Capacity Utilization Rate
78.9% vs. 78.6%
USD
Industrial Production m/m
0.6% vs. 0.0%
10:00am

EUR
ECB President Draghi Speaks
USD
Mortgage Delinquencies
7.58%
10:30am

USD
Crude Oil Inventories
1.5M vs. 3.7M
2:00pm

USD
FOMC Meeting Minutes
6:45pm

NZD
PPI Input q/q
0.0% vs. 0.5%
NZD
PPI Output q/q
0.2% vs. 0.1%
7:50pm

JPY
Prelim GDP q/q
0.9% vs. -0.2%
JPY
Prelim GDP Price Index y/y
-1.4% vs. -1.8%
9:00pm

AUD
MI Inflation Expectations
3.3%