Archive for February 3rd, 2010
Four strategists offer their views on the key factors that will drive foreign exchange movements here in the next 12 months. WHILE 2009 is often remembered for the unexpected economic rebound, the period also saw significantly higher volatility in the foreign exchange markets as the selldown in stocks swiftly hit the currency markets full-force. This [...]
The Great Bailout is mostly over for the banks. But for those troubled behemoths of the nation’s housing bust, Fannie Mae and Freddie Mac, the lifeline from Washington just keeps getting longer. Fifteen months after Fannie [FNM 1.01 -0.02 (-1.94%) ] and Freddie [FRE 1.21 -0.02 (-1.63%) ] were effectively nationalized, neither the Obama administration nor Congressional leaders see a quick solution to [...]
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Bank of England to stop pumping cash
0 Comments | Posted by elgintan in Economics, FX, investments
LONDON: The Bank of England on Thursday is expected to call an end to its radical policy of pumping out new money after Britain narrowly emerged from recession in the fourth quarter of 2009, analysts said. Most economists also predict that the central bank’s Monetary Policy Committee (MPC) will leave its key interest rate unchanged [...]

