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Forex: USD/CAD tests 1.2500 level after BoC rate decision

FXstreet.com (Barcelona) - USD/CAD has risen around 80 pips the first minutes after the today's BoC cut rate decision. The pair has climbed up from 1.2424 to reach 1.2505, highest since April the 2nd. Currently the pair is back close to 1.2450 level.Yesterday, USD/CAD won 2.06% from opening price at 1.2157, reaching 1.2141 as minimum and 1.2407 as maximum, to close the day at 1.2407.BoC cut its interest rate by 25 bp form 0.50% to 0.25%, market's expectations were to

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Euro closing at 1.3390

FXstreet.com (Jakarta) - The Euro (EUR) was range bound while the market awaited the ECB Rate Decision. The decision to cut by 0.25% was widely expected and attention now turns to the press conference. The announcement of new measures was discounted as not true Quantitative Easing and the market bought the Euro aggressively to test highs above 1.3400.?Weakness in US stocks towards the end of the day prompted mild profit taking,? said Easy Forex Team. Overall the EUR/USD traded with

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Bill Dudley remplacera Geithner à la tête de la Réserve fédérale de New York

Dudley, qui gère également le System Open Market Account pour le Federal Open Market Committee (FOMC), remplacera Timothy Geithner, confirmé hier par le Sénat américain au poste de secrétaire au Trésor des États-Unis.En tant que chef du bureau des marchés de la Fed de New York, Dudley supervisait les opérations à marché ouvert (open market) intérieures et extérieures.Avant de joindre la Fed de New York en 2007, Dudley était directeur chez Goldman Sachs, où il a également agi comme économiste

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Forex - FX market turn over Euro as FOMC left rates on hold

The FOMC left rates on hold at 2% which was widely expected but voiced their growing concern about inflation but also said that they expect price pressure to moderate through the year. These comments lead many to believe that the chance of the Fed hiking rates has become more limited and thus we see an easing of the Dollar against the Euro. Overall

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Pakistan Rupee converter (PKR - PAKISTAN)

Pakistan Rupee converter (PKR - PAKISTAN) will convert Pakistan Rupee in any currency you want. Change PKR

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Pakistan Rupee / Euro converter (PAKISTAN / SPAIN)

Pakistan Rupee / Euro converter (PKR / EUR) will convert the currency of PAKISTAN in currency of SPAIN with the actual exchange rate.

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Saudi Riyal / Pakistan Rupee converter (SAUDI ARABIA / PAKISTAN)

Saudi Riyal / Pakistan Rupee converter (SAR / PKR) will convert the currency of SAUDI ARABIA in currency of PAKISTAN with the actual exchange rate.

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Gold / Pakistan Rupee converter (- / PAKISTAN)

Gold / Pakistan Rupee converter (XAU / PKR) will convert the currency of - in currency of PAKISTAN with the actual exchange rate.

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Pakistan Rupee / Iraqi Dinar converter (PAKISTAN / IRAQ)

Pakistan Rupee / Iraqi Dinar converter (PKR / IQD) will convert the currency of PAKISTAN in currency of IRAQ with the actual exchange rate.

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Forex - Officials could step into the Foreign Exchange market to support Dollar

The Dollar jumped on Monday as top Treasury and Federal Reserve officials voiced concern about its recent slide, raising the chances that officials could step into the Foreign Exchange market to support the US currency. Treasury Secretary Henry Paulson declined to rule out intervention and New York Fed President Timothy Geithner said the central ba

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