Posts published in “News”

Atlanta Fed Chief Prefers Current Rates

Dennis Lockhart, Federal Reserve Bank of Atlanta President, said that he prefers the current interest rate as the uncertainty regarding the growth and inflation prevails in U.S. He thinks that…

Read More

Poland Needs to Adopt Euro More Urgently

According to Regional Development Minister of Poland Elzbieta Bienkowska, euro should be adopted as soon as possible because zloty’s appreciation partially eliminates the value of the financial aid made by European Union and…

Read More

Aussie and Kiwi Continue Bearish Trend

Both Australian and New Zealand currencies continued to fall against the U.S. dollar today as the traders’ confidence that the central banks of those countries will cut interest…

Read More

Euro Drops to 5-Month Low on Rate Outlook

The euro fell to its five-month lowest level against the U.S. dollar as the investors traded on the high probability that the ECB won’t be raising interest rate as the economy…

Read More