In contrast to the Fed, the Bank of England has said that the peak interest rate is likely to be lower than implied by financial markets. This was the main takeaway point from the just-released policy statement, as the BoE decided to hike interest rates by 75 basis points, lifting the OBR to 3.00% from […]
The post BOE Delivers a “Dovish” 75bps Hike appeared first on Action Forex.
Cruise ships have limited space, so in many cases adding something new means getting rid of something old. Those decisions can be tough because many cruisers like things to stay the same even if they Read more…
BoC Deputy Governor Rhys Mendes said in a speech today that “We no longer need interest rates to be as restrictive as they were,” which justified the larger rate reduction of 50 bps at this Read more…
The Australian dollar declined as much as 1% on Tuesday before recovering these losses. In the European session, AUD/USD is trading at 0.6497, down 0.1% on the day. Earlier, the Aussie dropped to low of Read more…