Forex News* (market impact ranking)

• Today 08:07pm
  Moody's says U.S. airlines business models are "unsustainable" London Times-In a blunt cast Moody's explained "We do not believe it will be possible for airlines to cost-cut or capacity-reduce their more...
  
• Today 10:00am
  *(CA) JUNE IVEY PURCHASING MANGERS INDEX: 69.6 V 62.3E- No revisions
  
• Today 09:50am
  (IN) India Finance Ministry says inflation is driven by energy commodities prices
  
• Today 09:14am
  (PD) Polish PM Tusk says that US proposal for increasing polish air defenses is not yet acceptable- Open on further talks with US in missile shield - Wants permanent US missile support
  
• Today 08:53am
  ECB's Orphanides says rate increase was directed at preventing second round inflation effects and to control price stability - Adds that high oil and food price are impacting inflation - ECB rate more...
  
• Today 08:38am
  (RU) Russian Foreign Ministry says that Georgian actions in rebel South Ossetia region are "open aggression
  
• Today 08:36am
  (GE) Industry Association Head: Does not see a wage-price spiral in Germany- ECB hike was the right thing to do. - No big Euro rise seen after ECB hike
  
• Today 08:13am
  (PO) Portugal Finance Minister says ECB rate increase will dampen European Economy- ECB raised rates to ensure price stability
  
• Today 07:53am
  EU's Solana says that Iran official will shortly make a clearer statement on nuclear issue
  
• Today 06:58am
  EU's Barroso says would be very difficult to understand any other decision by ECB on Thursday- Dollar level is a matter of global concern - Does not expect G8 to discuss exchange rates
  
• Today 06:57am
  Fitch: Fed is unlikley to raise rates until early 2009
  
• Today 06:56am
  Fitch: Sees the ECB holding rates following yesterday's rate hike
  
• Today 06:55am
  Libor fixing rates for July 3rd - British Bankers Association (BBA)Currency||Today||Yesterday||Change USD O/N||2.44250||2.44375||-0.00125 USD 1W||2.45000||2.45750||-0.00750 USD more...
  
• Today 06:55am
  ECB's Draghi says ECB decision was unanimous - ECB looks at CPI over 2-5 years with some Euro Zone counitres HICP exceeding 5% - Rate hike was a response to lower purchasing power - Eurozone more...
  
• Today 06:51am
  (UK) Fitch: UK economy highly vulnerable to the global credit crisis- UK economy amongst the most exposed of the industrialized countries to the credit crunch and the likely recession in the US - more...
  
• Today 06:36am
  (IN) India Central Bank says that volatility in food and energy prices causing significant increase in inflation- Adds that underlying demand conditions called for recent interest rate and liquidity more...
  
• Today 06:35am
  (UK) June Car Registrations: -6.1% y/y
  
• Today 06:33am
  (PD) Polish Central Bank's Wiesiolek: Polish rates will not change for some time- Forecast for Polish rates of 7.0% is too pessimistic - Sees Polish economy growing 4.8% next year
  
• Today 06:27am
  ECB's Gonzalez-Paramo: Sees Euro Zone GDP growth of 1.4%-1.6% in 2009- Reiterates that ECB's mandate is to create price stability - ECB rate increase decision was unanimous - Sees inflation more...
  
• Today 06:13am
  Reportedly French Port of Marselle Fos Lavera Oil Terminal Blockade has been lifted - unconfirmed source