Archive for the ‘Interest rates’ Category
Decision on interest rates
With the decisions on interest rates leading the day, many investors are wary of taking risks. If the ECB raises interest rates as expected, have potential for the EUR hit hard as investors collate data with the adjustment in China meaning that rampant inflation is becoming a concern and the option to risk can be left off the table.
Business News
USD – The USD continues to rise while the rise in interest rates in China affects the level of risk
The news that China has raised the interest rate has pushed a number of merchants to a scenario of risk aversion, helping to raise the value of the dollar, while higher risk currencies like the euro fell yesterday afternoon in the trading sessions. Global concerns about growth are coming to light with the third rise in interest in China so far this year, which is a sign that inflation is no longer under control and has exceeded its agenda. Read the rest of this entry »