Exchange Rates News

Negative Interest Rates, Euro Disintegration, Fuel Gold’s Historic Rally

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Negative Interest Rates, Euro Disintegration, Fuel Gold’s Historic Rally

The Federal Reserve has just ended its $600-billion Treasury bond-buying program, known as QE-2, and already, traders are trying to figure what new tricks the Fed might in the months ahead, in order counter a significant correction in the US-stock market in the second half of 2011. Including QE-1 and QE-2, the Fed pumped $2.35-trillion into the coffers of the Wall Street Oligarchs.

Published Jul 18, 2011.
Read more: Kitco.com

Market slow in responding to higher policy rates: BSP

Market slow in responding to higher policy rates: BSP

FOUR months after the Monetary Board decided to increase the key rates of the Bangko Sentral ng Pilipinas, the financial market has yet to fully pass on the higher rates.

Published Jul 13, 2011.
Read more: Malaya

Foreign exchange rates at midday

Foreign exchange rates at midday

TORONTO – These are indicative wholesale rates for foreign currency provided by the Bank of Montreal at midday on Friday. Please inquire at any branch for cash rates. Quotations in Canadian funds.

Published Jun 10, 2011.
Read more: Brandon Sun