Forex Live News

9.09.2010 4:29

Bank Of Korea Unexpectedly Retains Key Rate

The Bank of Korea unexpectedly left its key interest rate unchanged for a second month amid rising concern over the sustainability of global recovery. The Monetary Policy Committee of the central bank held the Base Rate at 2.25% on Thursday. Markets w

9.09.2010 4:11

Greek Industrial Output Declines In July

Greek industrial output declined 8.6% year-on-year in July, but at a slower pace compared to the 10.2% fall recorded during the same month a year ago, the Hellenic Statistical Authority said Thursday. Manufacturing production fell 9.3% annually during

9.09.2010 4:09

Cyprus July Trade Deficit Narrows

Cyprus' trade deficit narrowed to EUR 400.51 million in July from EUR 470.23 million in June, the Statistical Service of the Republic of Cyprus said on Thursday. A year earlier, the trade deficit was EUR 399.43 million. In July, total value of imports

9.09.2010 3:41

Slovenian Exports Rise In July

Slovenia's total value of exports increased 14.9% year-on-year to EUR 1.59 billion in July, Statistical Office of the Republic of Slovenia said Thursday. At the same time, imports value rose 10.9% annually to EUR 1.62 billion. Thus, the trade balance t

9.09.2010 3:21

Lithuania Aug HICP Inflation At 1.8%

Lithuania's annual inflation, as measured by the harmonized index of consumer prices was at 1.8% in August, Statistics Lithuania said Thursday. The figure matched the forecast released by the statistical office last month. Year-on-year, prices of food a

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Forex News and Commentary by FXDD

9.09.2010 8:07

ECB’s Mersch Comments:

The market push up the euro nearly 30 points after the release of the following comments by the ECB’s Mersch stating that he now sees first signs of a broad based recovery in the Eurozone. He also made the following…

9.09.2010 7:36

UK Trade Balance Worse Than Expected

The GBP sold off moderately against all the major currencies after July’s trade balance came in at -8.7b; worse than the prior reading of -7.4B and forecast of -7.5B. Following the release, the pound made a new session low of 1.5378…

9.09.2010 7:16

ECB Montly Bulletin

Will extend emergency bank lending into 2011. The benchmark rate is appropriate. See moderate economic recovery in Euro region. Inflation expectations are firmly anchored. The risk for inflation outlook is slightly tilted to the upside. Global economic g

9.09.2010 7:16

ECB Monthly Bulletin

Will extend emergency bank lending into 2011. The benchmark rate is appropriate. See moderate economic recovery in Euro region. Inflation expectations are firmly anchored. The risk for inflation outlook is slightly tilted to the upside. Global economic g

9.09.2010 5:17

Portugal’s Dos Santos on the wires

Portugal’s Dos Santos had this to say today in Macau; * international markets are very volatile * European sovereign debt under stress * Portugal’s growth is picking up * Portugal doesn’t have a housing bubble * Portugal doesn’t ne

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