Hungary: No surprise – rates unchanged
At its monetary council meeting today, the Hungarian central bank (MNB) decided to keep its leading interest rate unchanged at 7.50% – in line with the consensus expectation and our expectations. Hence, the market reaction to the rate decision should be very limited.
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Mexico: Banxico is still fairly balanced
The Mexican central bank has just announced that it has kept its leading interest rate at 7.50%. The decision was fully in line with ours and the market expectations. Following the announcement, Banco de Mexico said it remains vigilant in balancing the risks between inflation being above target and the US economy slowing down.
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Trading for Revenge: Control It or It Will Control You
This article is taken from the Forex Journal, a special edition by Trader’s Journal magazine in Nov 2007. The author is Dr. Doug Hirschhorn, a regular contributor on CNBC, is recognized internationally as one
of the most influential and sought after Peak Performance Coaches in
the market today. Dr. Doug Hirschhorn’s clients include Deutsche Bank,
BNP Paribas, DWS Scudder as well as several other major world banks and
hedge funds Dr. Doug Hirschhorn discusses the effects of trading for revenge
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