Canadian Currency Exchange

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1. tina1986
   Member

   hi,
   i am predominately turned to as to what the meaning of federal reserve board is.
   The meaning of federal reserve board is the governing body of the Federal Reserve System. The seven members of the board of governors are appointed by the president, subject to confirmation by the Senate.
   The board sets Fed policy regarding the discount rate and reserve requirements (among other key economic decisions).
   Typically, the chairman of the board of governors is also the chairman of the Federal Reserve Open Market Committee (FOMC).

   Posted 6 months ago #
2. lanaoneil
   Member

   tina1986!
   Apparently the proposition that the Australian Dollar is estimated to recover vs. the Barbados Dollar near the 1st of next month began surfacing around the time that the drop-off in the pharmaceutical industry is going to effect on the Australian Dollar rate, if correct, could possibly explain the AUD's acclivity.

   Posted 6 months ago #
3. tessa_riggs
   Member

   one'd better pay negligible attention to trade related reasoning like the conjecture that the AUD-BBD is expected to collapse as we enter the 8th of next month, and concentrate on secondary sector related news, for example the fact that AUD-BBD rates will be affected by the descent in the real estate rates, and probably is going to decrease, while learning the current market situation.

   Posted 6 months ago #

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