Euro Strengthens With ECB in the Spotlight

July 20, 2017

The euro advanced 0.6% against the dollar and is not far beneath $1.16. The dollar otherwise climbed 0.4% relative to sterling, 0.3% versus the yen and Aussie dollar, 0.2% relative to the yuan and 0.1% versus the peso. The dollar dipped 0.1% against the Swissy and loonie. WTI crude oil rose 0.4% to $47.31 per […] More

South African Reserve Bank

November 21, 2013

For an eighth straight time, a meeting of South Africa’s Monetary Policy Committee decided to keep its repo rate at 5.0%.  Officials are between the rocks of inflation precariously near the target’s upper limit and the potential for more rand depreciation because of Fed tapering that will start either sooner or later and the hard […] More