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A service for FOREX trading professionals · Thursday, March 4, 2021 · 536,340,649 Articles · 3+ Million Readers
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Currency Band News Monitoring

  • Published on Jan 27, 2019

    IMF: Morocco to Broaden Dirham Currency Band When Conditions Are Met

    Rabat – Quoting Moroccan officials, a recent report from the International Monetary Fund (IMF), confirmed that Morocco is set to further broaden the dirham currency band when all economic conditions are met. “The authorities remain committed to continuing …

    Source: Morocco World News - Gov't Propaganda
  • Published on Oct 1, 2018

    Uncertainty surrounds Argentina’s new currency band

    Argentina was set on Monday to launch a new currency band under a revised International Monetary Fund deal aimed at halting a more than 50 per cent drop in the local peso so far in 2018. Under the $57 billion standby financing agreement, Argentina has …

    Source: Irish Times - Neutral
  • Published on Oct 14, 2020

    MAS stands pat on monetary policy, says accommodative stance remains appropriate ‘for some time’

    SINGAPORE: The Monetary Authority of Singapore (MAS) on Wednesday (Oct 14) kept its exchange rate-based monetary policy unchanged after two consecutive rounds of easing, in line with market expectations. In its half-yearly monetary policy statement, the …

    Source: Channel News Asia - Public Broadcaster
  • Published on Aug 20, 2020

    Moroccos central bank boss believes in a strong dirham

    The governor of the Moroccan central bank, Bank Al-Maghrib, weathered the turmoil of the 1980s. This experience and his longevity are assets when it comes to addressing the COVID-19 crisis as we find out in this fifth part of our series. This is part 5 of …

    Source: The Africa News.net - Neutral
  • Published on Jun 22, 2020

    Dollar Begins Week On Back Foot

    Overview Investors begin the new week, perhaps slowed a bit by the weekend developments and the growth of new infections. Equities are mixed. The MSCI Asia Pacific Index snapped a four-day advance, though India bucked the regional trend and gained 1%. …

    Source: Seeking Alpha - Neutral
  • Published on Apr 3, 2020

    Week Ahead – Virus Watch, China data to rebound while the world braces for pain, and why the dollar looks so vulnerable

    Thanks to swift action worldwide by central banks, global equities avoided a disastrous place, a possible combination of a 1930’s like depression and the 2008 financial crisis.  In just a matter of weeks, massive monetary and fiscal stimulus was injected …

    Source: OANDA Market Pulse - Neutral
  • Published on Mar 30, 2020

    Unknowns Await Emerging Markets After Biggest Moves Since 2008

    (Bloomberg) -- Cracks are appearing across the emerging-market landscape like never before. As most nations brace for a likely surge in coronavirus cases, the signals from the developing world could hardly be more worrying for investors. Indexes of stocks, …

    Source: Investing.com - Neutral
  • Published on Mar 30, 2020

    MORNING BID-The best laid plans of mice and men...

    A look at the day ahead from EMEA deputy markets editor Sujata Rao. The views expressed are her own. More than $10 trillion in stimulus – fiscal, monetary and increasingly unorthodox – is being deployed against the crisis, including 150 basis points in Fed …

    Source: Reuters - Neutral
  • Published on Mar 30, 2020

    Risk Appetite Stays In Check: Oil Dips, Gold Softens With Equities

    Overview: Risk appetites remain in check as the spread of the coronavirus is leading to more and longer shutdowns. Asia Pacific equities fell with Australia, the notable exception. Its benchmark rallied a record 7%, encouraged by additional stimulus …

    Source: Investing.com - Neutral
  • Published on Mar 30, 2020

    Europe open – COVID-19, PBOC, oil, gold, bitcoin

    Markets back in the red The usual Monday morning sell-off has been less severe than we’ve seen in recent weeks, although Europe has been moving deeper into the red in early trade after a relatively unchanged open so that may change quickly. Asia wasn’t so …

    Source: OANDA Market Pulse - Neutral
  • Published on Mar 30, 2020

    Markets Return To Red As Gold Remains Vulnerable

    The usual Monday morning sell-off has been less severe than we’ve seen in recent weeks, although Europe has been moving deeper into the red in early trade after a relatively unchanged open so that may change quickly. Asia wasn’t so lucky but then, there …

    Source: Investing.com - Neutral
  • Published on Mar 29, 2020

    Week Ahead: China Data To Rebound While The World Braces For More Pain

    Thanks to swift action worldwide by central banks, global equities avoided a disastrous place, a possible combination of the 1930s like depression and the 2008 financial crisis. In just a matter of weeks, massive monetary and fiscal stimulus was injected …

    Source: Investing.com - Neutral
  • Published on Feb 29, 2020

    Father of man acquitted in Chayse Olivarez murder under drug trafficking probe

    The father of a Rio Grande City man acquitted of murder was the subject of a drug trafficking investigation and now part of a federal lawsuit in which the government is attempting to seize money found on his property, alleging it was used for drug …

    Source: Brownsville Herald - Uncategorized
  • Published on Feb 5, 2020

    Singapore Dollar Tumbles After Currency Easing Room Seen

    (Bloomberg) -- The Singapore dollar weakened to a four-month low after the central bank said there’s “sufficient room” for the currency to ease if the economy weakens due to the impact of the coronavirus. The currency, which is maintained in a band against …

    Source: Investing.com - Neutral
  • Published on Dec 7, 2019

    IMF Critic Close to Stiglitz Named Argentine Economy Minister

    (Bloomberg) — Martin Guzman, a protege of Nobel Laureate Joseph Stiglitz at Columbia University, will become Argentina’s next economy minister, overseeing the nation’s attempts to get out of recession and renegotiate its debt. “He’s a young man, who’s very …

    Source: Calgary Herald - Neutral
  • Published on Oct 24, 2019

    Growth slows in South Korea amid trade disputes

    South Korea’s economic growth slowed in the third quarter, the Bank of Korea said yesterday, warning that it could post its weakest annual expansion for a decade in the face of trade disputes. GDP rose 0.4 percent quarter-on-quarter in the July-to- …

    Source: Taipei Times - Uncategorized
  • Published on Aug 19, 2019

    The Hong Kong Dollar And The Goose That Laid The Golden Egg

    The boldness and persistence of the demonstrators in Hong Kong have captured the attention of the world. China has shown more restraint arguably than others would have demonstrated. So far it offers a stark contrast to Macron's response to the " …

    Source: Investing.com - Neutral
  • Published on Aug 11, 2019

    Currency Conundrum And Fixed Income Follies Spark Market Volatility

    The world is getting more connected through technology and travel. Cuisines are evolving. Some people are scared of globalization, but I think people will always take pride in cultural heritage. John Mackey A few years ago, there was a movie called …

    Source: Investing.com - Neutral
  • Published on Jun 7, 2019

    A macroeconomic view on Argentinas current state

    Buenos Aires. Photo: Shutterstock In Argentina, market volatility has been driven higher over the last 18 months due to rising debt, persistent inflation and a prolonged recession. In addition to these economic despairs, currency weakness and political …

    Source: Buenos Aires News.net - Neutral
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