| Global Interest Rates | |||
 Australia |
7.25% | ||
 Canada |
3.5% | ||
 EMU |
4% | ||
 Japan |
0.5% | ||
 Swiss |
2.75% | ||
 England |
5% | ||
 US |
2.25% | ||
Technicals
UK M4 money supply grows above expectations in June
FXstreet.com (Barcelona) - M4 money supply has increased in June well above expectations in the UK, and above the average flow of the previous six months, according to preliminary estimates by the Bank of England.
In June, M4 money supply has risen by GBP 34.1 billion, a 2.0% increase above May's level and a 11.5% rise year on year: Market analysts had advanced a 0.5% monthly increase, and a 10% rise year on year. June's level is well below the GBP 13.6 billion average increase in the last six months.
M4 lending rose by 45.9 billion, which means a 2.1% seasonally adjusted. Year on year, M4 lending rose 13.6%, from a 11.3% increase in may. Excluding the effects of securitisations etc and loan transfers, M4 rose by GBP 50.0 billion; a 14.2% increase on the year, up from the 12.4% annual rise posted in May.
USD/CAD: Dollar weakened in early US session Sep 05, 2008 9:27AM- Canadian Ivey PMI declines larger than expected in August Sep 05, 2008 9:09AM
- US Unemployment rises above expectations in August Sep 05, 2008 7:50AM
- Steve Goldman, market strategist at Weeden & Co. Sep 05, 2008 10:26AM
- Gary Thayer, chief economist with A.G. Edwards and Sons Sep 05, 2008 10:25AM
- Avery Shenfeld, senior economist at CIBC World Markets Sep 05, 2008 10:24AM
Daily currency analysis - Sep 6
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Rpchost.com - Free Forex strategies and video training
Every period of time I will post new forex strategy in this forum, you can test it and use it in your forex trading. Today's strategy is :
Bollinger... rpchost
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