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You are currently browsing the Forex Blog – Trading on Foreign Exchange Market weblog archives for the day Tuesday, August 7th, 2012.

Breaking News

Sri Lankan Monetary Policy Decision

larrygreenberg @ August 7, 2012 # Comments Off

The Central Bank of Sri Lanka Monetary Board previously hiked its key repo and reverse repo rates by 50 basis points in February and another 25 bps in April.  Board members were satisfied at their mid-June meeting that the intended dampening effec…

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Reserve Bank of Australia: Wait and See

larrygreenberg @ August 7, 2012 # Comments Off

At today’s meeting, the Board judged that, with inflation expected to be consistent with the target and growth close to trend, but with a more subdued international outlook than was the case a few months ago, the stance of monetary policy remaine…

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Currency Markets Quiet

larrygreenberg @ August 7, 2012 # Comments Off

The dollar has edged down 0.1% against the loonie, euro, Swissie, Aussie dollar and yuan.  The greenback is unchanged against the kiwi, 0.3% lower versus sterling and 0.1% firmer relative to the yen. Share prices rose 1.1% in India and 0.9% in Jap…

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