Rate Hike Expectations Moderating

Inflation expectations last seen at a local Duane Reade buying lots of vaseline. 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 [...]

Rand Falls Against Dollar on Bets Rate Cuts Won’t Stop Slowdown (Bloomberg)

Feb. 4 (Bloomberg) — South Africa’s rand weakened against the dollar on concern slowing economic growth will make it difficult for the nation to finance its current-account deficit even as policy makers cut interest rates to boost the economy. 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….

Pound Declines Against Euro on Speculation Slump Deepening (Bloomberg)

Feb. 3 (Bloomberg) — The pound dropped against the euro for a second day on speculation economic reports this week will add to evidence the Bank of England needs to cut interest rates further to revive growth. 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 Trades Near Two-Month Low as Rate Cut Looms (Bloomberg)

Feb. 3 (Bloomberg) — The Australian dollar traded close to a two-month low and New Zealand’s neared its weakest in six years on speculation the Reserve Bank of Australia will cut interest rates more than economists estimate to the lowest since the 1960s. Read more….

U.K. Pound Declines Against Euro on Speculation Slump Deepening (Bloomberg)

Feb. 3 (Bloomberg) — The pound dropped against the euro for a second day on speculation economic reports this week will add to evidence the Bank of England needs to cut interest rates further to revive growth. Read more….

British pound shows weakness against majors (Nasdaq)

(RTTNews) – During early deals on Tuesday, the British pound showed weakness against its major counterparts on increased speculation that the Bank of England will cut interest rates this week. 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….

New Zealand Cuts Interest Rates by 150bp to 3.5%

The Reserve Bank of New Zealand has surprised the markets once again by cutting interest rates 150bp to 3.5 percent, the lowest level in 10 years. Today’s rate cut matches their move in December, which at that time, was the largest ever. Read more….