Results for mark carney
1 articles with this tag name
  • The Bank of Canada cut interest rates to 1.00 percent, the lowest level ever for the 75 year old central bank and signaled that they could bring interest rates down to US levels. The historic move was motivated by the sharp downturn in the US economy and the continual slide in oil prices. Not only are Canadians making less, but they are seeing their household wealth plummet as well. The Canadian economy is not expected to grow in 2009, which is why more rate cuts are needed. The BoC is far from done and could realistically match US rates. Inflation is not a problem since they consumer prices are expected to be negative for the next 2 quarters

TRADE RECOMMENDATIONS

  • Trades to Watch
  • Trades in Progress
currency recommendation
EUR/GBP
Medium term



Buy Buy at .8293
Stop at 0.8269
Target at 0.8328
AUD/USD
Medium term



Sell Sell at .9094
Stop at 0.9178
Target at 0.8817
GBP/JPY
Medium term



Sell Sell at 140.1100
Stop at 142.22
Target at 136.94
currency recommendation
NZD/USD
Medium term
Opened 7/27/2010
Sell Short from 0.7395
Stop at 0.7526
Target at 0.7169

QUOTEBOARD

  • Key Quotes
  • Currencies
  • Markets
  •  
  • current
  • high
  • low
 
  • EUR/USD
  • down
  • 1.2812
  • 1.2912
  • 1.2791
EUR/USD
5 min chart
  • GBP/USD
  • down
  • 1.5187
  • 1.5335
  • 1.5180
GBP/USD
5 min chart
  • USD/JPY
  • up
  • 87.26
  • 87.43
  • 86.86
USD/JPY
5 min chart
  • GOLD
  • down
  • 1191.7
  • 1197.8
  • 1187.7
.GOLD
5 min chart
  • US Stocks
  • down
  • 10237
  • 10278
  • 10197
.US30
5 min chart
  • UK Stocks
  • down
  • 5234.0
  • 5244.8
  • 5180.3
.UK100
5 min chart
  • DEM Stocks
  • down
  • 6009.3
  • 6060.8
  • 5975.0
.DE30
5 min chart
  • JP Stocks
  • up
  • 9318
  • 9393
  • 9220
.JP225
5 min chart
  •  
  • current
  • high
  • low
 
  • EUR/USD
  • down
  • 1.2812
  • 1.2912
  • 1.2791
5 min chart
  • GBP/USD
  • down
  • 1.5187
  • 1.5335
  • 1.5180
  • USD/JPY
  • up
  • 87.26
  • 87.43
  • 86.86
  • USD/CHF
  • up
  • 1.0515
  • 1.0542
  • 1.0484
  • USD/CAD
  • down
  • 1.0419
  • 1.0446
  • 1.0350
  • AUD/USD
  • down
  • 0.8829
  • 0.8859
  • 0.8798
  • NZD/USD
  • down
  • 0.7177
  • 0.7194
  • 0.7147
  • USD/MXN
  • down
  • 12.7587
  • 12.7947
  • 12.7199
  • EUR/JPY
  • down
  • 111.80
  • 112.83
  • 111.20
  • GBP/JPY
  • down
  • 132.52
  • 133.71
  • 132.31
  •  
  • current
  • high
  • low
 
  • GOLD
  • down
  • 1191.7
  • 1197.8
  • 1187.7
5 min chart
  • SILVER
  • up
  • 17.789
  • 17.877
  • 17.621
5 min chart
  • US500
  • down
  • 1083.1
  • 1090.9
  • 1077.9
5 min chart
  • UK Stocks
  • down
  • 5234.0
  • 5244.8
  • 5180.3
5 min chart
  • DEM Stocks
  • down
  • 6009.3
  • 6060.8
  • 5975.0
5 min chart
  • JP Stocks
  • up
  • 9318
  • 9393
  • 9220
5 min chart
  • AU Stocks
  • down
  • 4420.0
  • 4447.0
  • 4399.5
5 min chart
Data source: GFT

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