IMF Support to Poor Countries Gets Needed Boost
The IMF has approved distribution of additional profits from gold sales as part of a strategy to support low-interest lending to poor countries. Reforms agreed to in 2009 doubled poor countries’ access...
View ArticleBosnia and Herzegovina Gets €405 Million Loan from the IMF
The IMF’s Executive Board approved on September 26 a 24-month €405 million Stand-By Arrangement for Bosnia and Herzegovina. The program will help create the conditions for a sustained economic recovery...
View ArticleEuro Gets Boost in Forex Trading
Risk appetite sends euro higher in forex trading Euro is getting a boost today in forex trading on the currency market as risk appetite helps high beta currencies. Euro is gaining ground as the US...
View ArticleRisk Appetite Gets Boost in Forex Trading
Trading with high beta currencies Risk appetite is getting a boost today in forex trading, thanks to the latest prospect of a fiscal cliff deal actually getting done in the United States. After weeks...
View ArticleUK Pound Gets a Little Boost
Sterling in currency trading UK pound has been getting a bit of a boost today in forex trading on the currency market. Sterling is a little bit higher after some solid international shopping in high...
View ArticleUK Pound Gets Help from PMI Data
Sterling in currency trading UK pound is getting help in forex trading on the currency market from the latest round of PMI data. The latest reading is a 51.4, which is a rather large improvement, and...
View ArticleJapanese Yen Gets Boost in Forex Trading
Yen in currency trading Right now, the Japanese yen is getting a boost in forex trading on the currency market. The yen is heading a little bit higher today as uncertainty sets in. Concerns about the...
View ArticleEuro Gets Boost from Spanish Bond Auction
Euro in forex trading Euro is getting a boost in forex trading on the currency market today, thanks in large part to the Spanish bond auction. Euro is heading higher, thanks to a combination of...
View ArticleSterling Gets Boost, But It Probably Won’t Last
UK pound in currency trading Sterling is a little bit higher today in forex trading on the currency market. However, the strength is likely temporary, and there is a good chance that pound weakness is...
View ArticleCanadian Dollar Gets Boost from Yield Seekers
Loonie in forex trading Canadian dollar is getting a boost today, thanks in large part to yield seekers. Forex traders looking for higher yields are turning to the loonie, which offers better yields...
View ArticleJapanese Yen Gets Boost from BOJ
Yen in forex trading Japanese yen is getting a boost from the latest Bank of Japan policy announcement. The announcement is that no further easing is needed — right now. Yen is heading higher as safe...
View ArticlePakistan Gets $6.6 Billion Loan from IMF
The IMF’s Executive Board has approved today a $ 6.6 billion loan for Pakistan to support its program to stabilize the economy and boost growth while expanding its social safety net to protect the...
View ArticleDXY gets another turbo boost from US jobs dat Friday but failed to take out...
FXstreet.com (Barcelona) – The US Dollar Index (DXY) was driven to solidly high levels last week by the dovish remarks out of the ECB Thursday and the surprisingly bullish US jobs data Friday. DXY...
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