Action Forex

Syndicate content
Updated: 26 min 25 sec ago

ECB Will Keep Borrowing Cost Unchanged, Markets Await Latest Growth Forecasts

Thu, 09/02/2010 - 06:58
Today, ECB policy makers will announce interest rate for the month of September with expectations that they will leave the rate steady at 1.00% to reinforce recovery that is gathering momentum. The economy grew in the first two quarters of the current year boosted by the introduced stimulus, improvement in

Asian Market Update

Thu, 09/02/2010 - 06:56
Asian equity markets are in the green across the board, even though the gains are just remnants of the outsized rally seen in US hours. Nikkei225, opening up about 1.5%, has since retreated to more modest gains coming out of its midday break. Investors remain unimpressed over the greenback's limited