Euro Bearish Bets Reach Record on Draghi Bond-Buying Program

After the Federal Reserve tempered market expectations for a mid-year interest-rate increase last week, sending the dollar to its biggest weekly decline since 2011, traders refocused on the bigger picture: the U.S. central bank is still moving toward monetary tightening as global peers loosen policy. Fed Chair Janet Yellen...


Yen Rally Stalls as Zero Inflation Underscores BOJ-Fed Divide

The yen snapped a two-day advance, signaling the best gains for the currency in two months are vulnerable as the impact of the monetary policy divide between Japan and the U.S. yield waxes stronger. The yen weakened Friday as Japanese data showed inflationary momentum stalled, underscoring forecasts from Pacific...


SNB Is Open to IMF Suggestion of Foreign-Currency QE, Moser Says

The Swiss National Bank is considering a form of foreign-currency quantitative easing, as suggested by the International Monetary Fund. “What the IMF is recommending is a kind of pre-announced asset-purchase program,” SNB Alternate Governing Board member Thomas Moser said in Bern on Monday. Moser said the IMF’s policy proposals...


RBA Says Case to Cut Rate Again May Arise on Current Outlook

Australia’s central bank said another interest-rate cut could be needed to support an economy that is expanding at a below-average pace, while noting emerging risks in the nation’s commercial property market. “On the basis of the current forecasts for growth and inflation, members were of the view that a...


RBNZ Bucks Global Easing Trend, Signaling Extended Rate Pause

New Zealand’s central bank bucked a global policy easing trend, deciding to keep interest rates on hold even as inflation slows to zero. The currency rose. “Our situation is quite different from some of those countries that have changed monetary policy or cut interest rates,” Governor Graeme Wheeler said...


Australia business confidence gets no lift from rate cut-NAB

A measure of Australian business confidence fell to its lowest since late 2013 in February as a cut in interest rates seemingly failed to dispel uncertainty over the economy and government policy. National Australia Bank’s monthly survey of more than 400 firms showed its index of business confidence dropped three points to zero...


Euro-Area Consumer-Price Slump Eases as ECB Set to Start QE

Euro-area consumer prices fell less than economists forecast last month, offering some relief to the European Central Bank as it prepares to put its unprecedented bond-buying program into action. The annual rate of inflation in the 19-nation bloc stood at minus 0.3 percent in February, according to data published...