Tag Archives: Central Bank

Euro gains a day after central banks agreement; Aussie dollar drops

The euro gained against both the U.S. dollar and Japanese Yen on Thursday after a move by central banks on Wednesday to ease lending to banks and increase the flow of the dollar eased strains on the global market .…

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Markets rally, oil prices top $100 a barrel

A decision to make it easier for banks to lend money to keep the economy growing by the Federal Reserve along with the European Central Bank, the Bank of England and central banks from Canada, Japan and Switzerland led to …

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Oil slips as investors speculate drop in global demand

Oil is trading lower for a third consecutive day on more concerns that the global economy will slowdown and reduce the demand for oil equivalents.

The U.S. and European economy has been a focal point for investors recently. Debt problems …

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Oil tanks 6 percent on bleak economic outlook

Oil prices have tanked by more than 6 percent today following the a negative outlook on the economy from some of the world’s top officials.

The drop comes after an  announcement by the Fed on Wednesday stated that the central …

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Federal Reserve come up short with stimulus plan, dollar rises

The U.S. Dollar increased its appeal as a safe haven currency on Wednesday after the Federal Reserve announced that its will increase holdings of longer-maturity Treasuries and reinvest in mortgage securities. The move its anticipated to limit borrowing costs and …

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Swiss franc drops on speculation central bank will devalue currency

The Swiss franc dropped against a board of major currencies on Tuesday after investors speculated that the Swiss central bank may take steps to weaken its currency against the euro.

The speculation comes after a number of publishers reported that …

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