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Trading Ideas - Boc (canada) Interest Rate Announcement, Fed's Beige Book, Gross Domestic Product - Sept 3rd

Hello,The forex market give us some nice trends. I hope you follow them Yesterday was an historic day, for the first time you were more than 20'000 to visit Mataf. Some interesting events in the calendar. The serie of Interest rate announcement continues.09:00 GMT: Gross Domestic Product. The Gross Domestic Product released by the Eurostat is a

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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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ECB's Trichet Leaves Door Open for Further Rate Cuts

With European Central Bank President Jean-Claude Trichet leaving the door open for further rate cuts on Thursday, economists say the bank's key policy rate could hit another record low as early as April.Earlier in the day, the Governing Council voted to cut the main refinancing rate by 50 basis points, as was widely expected, bringing it to 1.50%. Since October, the ECB has lowered its key interest rate by a total of 275 basis points.Following the announcement,

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Australian Dollar Rallies After RBA Holds Rates

The Australian dollar is rallying against majors following the unexpected decision by the Reserve Bank of Australia to leave rates unchanged at its monetary policy meeting.The RBA held rates at 3.25% against expectations for a 25 basis point cut, citing stable domestic economic conditions.Jacqueline Douglas, strategist with TD Securities, said that since the announcement, the Aussie has robbed the USD of a lot of bullish momentum that was building up yesterday and initially overnight. The Aussie

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Trading Ideas - Boc (canada) Interest Rate Announcement, Fed's Beige Book, Gross Domestic Product - Sept 3rd

Hello,The forex market give us some nice trends. I hope you follow them Yesterday was an historic day, for the first time you were more than 20'000 to visit Mataf. Some interesting events in the calendar. The serie of Interest rate announcement continues.09:00 GMT: Gross Domestic Product. The Gross Domestic Product released by the Eurostat is a

20 january 2009 interest rate announcement - next rate announcement - canada interest rate 2009

Fed leaves Interest Rate at 0.25% as expectations

FXstreet.com (Barcelona) For more information, read our latest forex news.

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