Central Bank expands as other banks struggle (Stillwater Gazette)

Bad news for banking has good news for Central Bank of Stillwater. Read more….

Central Bank to offer banks 70 bln rubles in unsecured loans on May25-26 (Interfax)

MOSCOW. May 21 (Interfax) – The Central Bank of Russia will hold two auctions on May 25 and May 26 to offer banks a total of 70 billion rubles in unsecured loans, the bank said in a statement. Read more….

Central banks worldwide turn to new measures to help economy (The Economic Times)

Central banks worldwide turn to new measures to help economyCentral banks worldwide turn to new measures to help economy Read more….

Impact of ECB and BoE Rate Decisions on EUR/GBP

Over the next 24 hours, the Bank of England and the European Central Bank will be making interest rate announcements. The Bank of England is the only central bank expected to cut interest rates, but that does not mean that the Euro stay stationary. In fact, we expect some big action in both currencies, which [...]

Market still wary of battle over Russian rouble (Reuters via Yahoo! Malaysia News)

MOSCOW, Feb 4 (Reuters) – Russia’s rouble stopped just short of the trading floor the central bank has vowed to defend on Wednesday and traders said the market lacked momentum for a second day to pursue a widely awaited showdown. Read more….

Euro drops against dollar (AFP via Yahoo! News)

The euro fell against the dollar in European trading on Wednesday, the eve of a keenly-awaited decision on interest rates from the European Central Bank. Read more….

Dollar jumps on euro, pound (CNN Money)

The dollar rose strongly against the euro and pound Wednesday, after weak economic reports from the region supported many investors’ beliefs that the regions’ central banks will cut interest rates on Thursday. Read more….

View of the Day: How to defend the rouble (Financial Times)

If the Russian central bank is to defend the new floor it has set for the rouble, further rises in interest rates will be required, says Neil Shearing at Capital Economics. Read more….

Australian Dollar Extends Gain as Rates Cut to Lowest Since 1964 (Bloomberg)

Feb. 3 (Bloomberg) — The Australian dollar strengthened after the central bank cut rates to the lowest since 1964 to help the economy avoid recession. The 1 percentage point reduction to 3.25 percent matched the median forecast from 20 economists surveyed by Bloomberg News. Read more….

UPDATE 2-Russia rouble in sight of central bank battle line (The Forex Market)

MOSCOW, Feb 3 (Reuters) – Russia’s rouble weakened to within a whisker of its official support level on Tuesday, but profit-taking helped defer a widely-anticipated showdown between the central bank and investors for another day. Read more….

Australian Dollar Falls to Two-Month Low; N.Z. Dollar Weakens (Bloomberg)

Feb. 2 (Bloomberg) — The Australian dollar weakened to the lowest level in two months on speculation the central bank will cut interest rates tomorrow to the lowest since at least 1964, damping demand for the nation’s assets. Read more….

Euro slips as dealers bet on ECB rate cut (AFP via Yahoo! News)

The euro dipped against the dollar on Monday as traders bet that the European Central Bank would cut interest rates later this week in a bid to boost ailing eurozone economies, analysts said. Read more….

UPDATE 4-Russia heads for forex showdown as rouble slips (The Forex Market)

MOSCOW, Feb 2 (Reuters) – The Russian rouble hit fresh lows versus a euro-dollar basket on Monday, coming within half a percent of the trading boundary where a showdown is expected between speculators and the central bank. Read more….

Rouble showdown looms as Russia braces for glum 2009 (Gulf Times)

MOSCOW: Russia’s central bank vowed to defend its floor for the rouble yesterday as the currency sank to fresh record lows and its Finance Minister outlined forecasts for a year of no growth and a hefty budget shortfall. Read more….

US Dollar: 3 Big Threats

The US dollar continues to rise, but the rally is tempering. After sharp losses this past week, the Euro, Japanese Yen and Australian dollar are beginning to stabilize against the greenback. US equities have been in the red throughout the day, which is why most currencies remained negative despite sharp intraday reversals. Over the next [...]

Rand Rebounds as Exporters Buy South African Currency, on Rates (Bloomberg)

Jan. 21 (Bloomberg) — South Africa’s rand rose against the dollar on speculation exporters purchased the currency after it reached a six-week low, and as weaker retail sales boosted prospects the central bank will cut its main interest rate. Read more….

Euro Area Is Unlikely to Face Deflation, Bank of France Says (Bloomberg)

Jan. 22 (Bloomberg) — The 16 nations sharing the euro are unlikely to face deflation thanks to government and central banks stimulus and because wages and prices excluding food and energy continue to grow, the Bank of France said. Read more….

(AFX UK Focus) 2009-01-22 18:32 FACTBOX-Key moves in Russian rouble (Interactive Investor)

MOSCOW, Jan 22 (Reuters) – Russia’s central bank sought to put a limit on the rouble’s gradual slide on Thursday, setting floor for thecurrency 10 percent below current levels. The move ended a two-month long period of creeping devaluation that cut the rouble’s value by around 20 percent. — For a story on Thursday’s statement [...]

Russia sets new floor under rouble (Financial Times)

Russia’s central bank set a new floor under the rouble today, 10 per cent lower than its present trading level, and declared it would be the last time for several months that the limit would be changed. Read more….

(AFX UK Focus) 2009-01-23 07:28 Russian rouble opens steady after c.bank announcement (Interactive Investor)

MOSCOW, Jan 23 (Reuters) – Russian rouble opened stable around 37.0 against the dollar/euro basket on Friday after the central bank defined the rouble’s trading corridor at between 26 and 41 roubles to the basket. “I have a feeling the market does not yet understand what to do… It is unlikely we will hit the [...]

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