ECB Holds Interest Rate at 1.50%, Resumes Bond Buying

15 years ago

The European Central Bank (ECB) held the Main refinancing operations rate unchanged at 1.50%, the Marginal lending facility at 2.25% and Deposit facility…

Kraft Announces Split; Hikes Forecast

15 years ago

Kraft Foods (KFT) said today it has decided to split itself into two separate, publicly traded companies. The company also…

Sasaki Sees Yen at 73 Within One Year on Dollar Weakness

15 years ago

Aug. 4 (Bloomberg) -- Tohru Sasaki, the Tokyo-based head of Japan rates and foreign-exchange research at JPMorgan Chase & Co.,…

8 Largest Forex Trading Centers in the World

15 years ago

Forex market trading is truly a global phenomenon as well as the largest financial market in the world with over…

Turkey Cuts Benchmark Interest Rate to Record Low 5.75%

15 years ago

Aug. 4 (Bloomberg) -- Turkey’s central bank reduced the benchmark interest rate to a record low of 5.75 percent to…

Harr Says Dollar-Yen to Increase to 77 in Coming Weeks

15 years ago

Aug. 4 (Bloomberg) -- Thomas Harr, head of Asian foreign-exchange strategy at Standard Chartered Bank, discusses Japan's intervention today to…

Italy Destined to Default?

15 years ago

European debt woes have flared up once more this week, with Italy coming strongly into view as a result of…

US Unemployment Claims Signal Improved Job Sector

15 years ago

Following suit from last week’s surprise unemployment claims data, this week’s report also beat out forecasts, revealing only 400,000 new…

Germany Factory Orders See 1.8% Growth

15 years ago

Results for this month’s reading on German factory orders surprised many investors this morning. Data released by Deutsche Bundesbank today…

Ferguson Says China Saw Currency Risk in U.S. Debt Talks

15 years ago

Aug. 4 (Bloomberg) -- Niall Ferguson, a history professor at Harvard University and a Bloomberg Television contributing editor, talks about…