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ECB's Trichet Says Rates at Zero Would be "Inappropriate" (Update)
You have a number of anomalies that might appear when you are zero, Trichet said in an interview with Dutch television broadcaster RTLZ on Friday. It is full of drawbacks.However, Trichet added that there were other instruments that could be utilized, even if rates did come down to such levels.At its meeting on Thursday, the Governing Council voted unanimously to keep its main refinancing rate unchanged at 2.00%. However, acknowledging that inflationary pressures are easing and that growth would remain
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UK Preview: Further Clues on Policy to be Revealed in BOE Inflation Report
According to Barclays fixed income strategist Moyeen Islam, the Bank of England's
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Aussie Dollar Could Drop on Weaker-than-Expected Employment Report
The Antipodean currency has experienced a choppy ride during the past week. A wave of risk aversion on Tuesday caused the Aussie dollar to drop two cents and give up most of its gains during the week.Today the Aussie dollar has remained relatively range bound, hitting a session high of 0.6601 USD and a session low of 0.6483 USD. The Aussie dollar is up 0.23 cents to 0.6571.Strategists are waiting for January's employment number, which they said could add to
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Communiqué De Realtime Forex Sa
Communiqué de Realtime Forex SA du 27 février 2009Pour répondre à la nouvelle réglementation de la FINMA (Autorité fédérale de surveillance des marchés financiers), Realtime Forex SA, qui est le pionnier du courtage en ligne sur devises en Europe et le premier à avoir opéré en Suisse dès février 2000, a décidé de scinder ses activités. L'activité de développement informatique restera à Genève et continuera d'employer une vingtaine
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