Interest rates

FX markets undecided as traders await G8 statement on the Dollar and tomorrow's BOE interest rate decision

Good Morning,The Dollar found a few buyers yesterday after a slide in oil prices and with Federal Reserve Chairman Ben Bernanke assuring investors that the Fed will keep assisting US financial ...Read more

ECB hikes interest rate by 0.25% to 4.25%

As expected.. Market done little as it was mostly factored in.All eyes now on ECB press conf at 13.30 and US unemployment data at the same time.Current Interbank Rates:   12.50 B...Read more

Euro gets away with "No" vote for the moment as Dollar gets sold again after G8 found guilty of being all talk.

Just a quick update to say that there's a whole heap of stuff still going on out there with more petrol thrown on the fire after the Irish said No to the Lisbon Treaty- a moderate form of the Europe...Read more

Euro under attack again on renewed fears of G7 intervention

A lively night with both Fed Chairman Bernanke and ECB President spouting forth and, just so they didn't feel left out, Bush and Paulson also got in on the act.There was the re-iteration from B...Read more

Euro surges as ECB's Trichet talks of higher interest rates

Both the BOE and ECB left interest rates on hold as widely expected, and reported in yesterday's updates. The real explosion came with the comments from ECB President Trichet at his post-decisi...Read more

The nation awaits as The Old Lady deliberates on interest rates

Last Friday I suggested that it might be time to look at buying Dollars and to continue selling rallies in the Pound versus Euro and USD and this weeks action has certainly justified that call....Read more

BANK OF ENGLAND LEAVES INTEREST RATES AT 5 %

This was as expected and they've obviously given the nod towards inflation risk once again.GBP has improved slightly after the announcement but I don't see it gaining much further given the ove...Read more

Jury out on the Pound as BOE expected to keep rates on hold.

The Pound has certainly had a roller-coaster time of it of late and GBP sellers would have done well to sell the rallies, rather then get greedy or over optimistic.All eyes now on the interest ...Read more