Over the weekend, China announced a 50 basis-point cut in the Reserve Requirement Ratio.
This is essentially the proportion of cash that banks must set aside as reserves. The change will take effect on 24 February, and the figure will fall to 20.5% from 21%.
This is the second time in three months...
YTE Blog Viewing entries tagged risk currencies Over the weekend, Greek Prime Minister Lucas Papademos won parliamentary approval for austerity measures to secure a second international bailout and avoid national bankruptcy.
Out of 300 lawmakers, a total of 199 backed the bill. The passing of the austerity bill was a boon for market traders who ... There were two headlines late last week that caused a rally in the risk currencies.
Firstly, it was the surprise announcement by the major central banks to boost liquidity. In a coordinated action to ease credit lending, six central banks agreed to reduce the cost of temporary dollar loans offered ... It’s no secret in the markets now that traders and investors are highly concerned about the on-going debt crisis in Europe.
However, what is that one crucial clue to give us a clear leading indicator that risk is off the table?
The answer, is bond yields.
By definition, a bond yield is the return... | LoginReadership SurveyTraders and investors, here's your chance to participate in the 2012 YTE Readership Survey. PollsYTE Twitter YTEmagazine: Live Trade Forex Next to the Best in Barcelona: We have a discount for you! http://t.co/cIBnwPUt Powered by Twitter Feed |












