Serbia Central Bank Cuts Rate a Further 25bps to 9.75%

15 years ago

The National Bank of Serbia cut its 2-week repo rate by 25 basis points to 9.75% from 10.00% previously.  The Bank said: "The…

Bank Indonesia Pauses Interest Rate at 6.00%

15 years ago

Indonesia's central bank, Bank Indonesia, held the BI reference rate unchanged at 6.00%.  Bank Indonesia Governor, Darmin Nasution, said: "This decision…

U.S. Biofuel Camelina Production Set to Soar

15 years ago

The U.S. biofuel industry has long been stymied by the lack of USDA federal crop insurance, leaving only the most…

Weekly Technical FX Preview – GBP Under Pressure

15 years ago

Source: ForexYard EUR/USD Momentum has now turned lower as falling stochastics appear on the monthly, weekly, and daily charts. Initial…

FX Technical Analysis – AUD/NZD – More Downward Pressure

15 years ago

Source: ForexYard Following today’s sharp appreciation ofthe New Zealand dollar the AUD/NZD made a breach below a key support level.…

FX Technical Analysis – GBP/USD – Two Merging Trend Lines

15 years ago

Source: ForexYard The decline in the GBP/USD is approaching a level where two trend lines merge and could provide a…

Bank of Korea Keeps Interest Rate at 3.25%

15 years ago

The Bank of Korea maintained its 7-day repurchase rate unchanged at 3.25%.  The Bank said: "In Korea, exports have shown a steady increase,…

Peruvian Central Bank Holds Rate at 4.25%

15 years ago

The Central Reserve Bank of Peru held its monetary policy reference rate unchanged at 4.25%.  The Bank said: "This decision takes into…

Botswana Central Bank Keeps Interest Rate at 9.50%

15 years ago

The Bank of Botswana's Monetary Policy Committee kept its benchmark interest rate steady at 9.50%.  The Bank said: "Low growth in domestic…

De Grauwe Says Fiscal Union in Europe Is `Misnomer’

15 years ago

Dec. 9 (Bloomberg) – Paul de Grauwe, professor at Catholic University of Leuven in Belgium, discusses the fiscal imbalances within…