Interest rates
Major Central Banks Overview
| Country |
Current Interest Rate |
Last Change |
Next Meeting |
| Bank of Canada |
3.5% |
Mar 04 2008 |
Apr 22 2008 |
| Bank of England |
5.25% |
Feb 07 2008 |
Apr 10 2008 |
| Bank of Japan |
0.5% |
Feb 21 2007 |
Apr 09 2008 |
| European Central Bank |
4% |
Jun 06 2007 |
Apr 10 2008 |
| Federal Reserve |
3% |
Jan 30 2008 |
Mar 18 2008 |
| Swiss National Bank |
2.75% |
Sep 13 2007 |
Mar 13 2008 |
| The Reserve Bank of Australia |
7.25% |
Mar 04 2008 |
Apr 02 2008 |
Africa
| Country |
Current Interest Rate |
Previous Interest Rate |
Last Change |
| Egypt |
8.75% |
8.00% |
Dec 15 2006 |
| South Africa |
11.0% |
10.5% |
Dec 06 2007 |
Asia Pacific
| Country |
Current Interest Rate |
Previous Interest Rate |
Last Change |
| Australia |
7.25% |
7.00% |
Mar 04 2008 |
| China |
7.47% |
7.29% |
Dec 20 2007 |
| Hong Kong SAR |
5.00% |
5.75% |
Jan 23 2008 |
| India |
7.75% |
7.50% |
Apr 24 2007 |
| Japan |
0.50% |
0.25% |
Feb 21 2007 |
| Korea, Republic of |
5.00% |
4.75% |
Aug 09 2007 |
| New ZeaCountry |
8.25% |
8.00% |
Jul 25 2007 |
| Taiwan |
3.375% |
3.250% |
Dec 20 2007 |
Europe
| Country |
Current Interest Rate |
Previous Interest Rate |
Last Change |
| Czech Republic |
3.75% |
3.50% |
Feb 07 2008 |
| European Monetary Union |
4.00% |
3.75% |
Jun 06 2007 |
| Hungary |
7.50% |
7.75% |
Sep 24 2007 |
| IceCountry |
13.75% |
13.30% |
Nov 12 2007 |
| Norway |
5.25% |
5.00% |
Dec 12 2007 |
| Slovakia |
4.25% |
4.50% |
Apr 24 2007 |
| Sweden |
4.25% |
4.00% |
Feb 13 2008 |
Risk Warning
High Risk Investment
Margined Currency Trading is one of the riskiest forms of investment available in the
financial markets and is only suitable for sophisticated individuals and
institutions. An account with FXM Financial Group permits you to
trade foreign currencies on a highly leveraged basis (up to approximately 50
times your account equity). In a standard account an initial deposit of $1,000
will enable the account holder to take a maximum position of $100,000 market
value. (Please note that the minimum required to open an account is $2,500 for
a standard account and $250 for a mini a $100 for a mikro).
The funds in an account trading at maximum leverage can be completely lost, if the
position(s) held in the account has a one percent swing in value.
Theoretically, an account could lose more than the equity it contains, if the
account is trading at maximum leverage and positions held in the account swing
more than one percent in value. Given the possibility of losing one's entire
investment, speculation in the foreign exchange market should only be
conducted with risk capital funds that if lost will not significantly effect
one's personal or institution's financial well beings.
Market Opinions - FXM TRADE
Any opinions expressed by representatives of FXM Financial Group as to
the future direction of prices of specific currencies are purely opinions, do
not necessarily represent the opinion of Interbank FX, and are not guaranteed
in any way. In no event shall FXM Financial Group have any liability
for any losses incurred in connection with any decision made, action or
inaction taken by any party in reliance upon the information provided verbally
or via the Internet, or any delays, inaccuracies, errors in, or omissions of
information.
Internet Trading Risks
In addition, there are risks associated with utilizing an Internet-based deal
execution trading system including, but not limited to, the failure of
hardware, software, and Internet connection. Since FXM Financial Group does
not control signal power, its reception or routing via Internet, configuration
of your equipment or reliability of its connection, we cannot be responsible
for communication failures, distortions or delays when trading via the
Internet. FXM Financial Group employs back up systems and contingency
plans to minimize the possibility of system failure, and trading via telephone
is always available
Doing transactions with the use of leverage can have a considerable effect on
the status of the trading account, both in your favour, as well as
against you. Please remember that any professional trader risks only the
money the loss of which will not lead to financial collapse. That allows
the trader to make sensible and cool-headed decisions. Make sure that
you are fully aware of the degree of risk and you are ready to bear full
responsibility for the transactions carried out.
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