Central Bank Interest Rates

The FxFriend Central Bank Interest Rates dashboard provides forex traders with a comprehensive overview of benchmark interest rates from over 20 major central banks worldwide, including the Federal Reserve (USD), European Central Bank (EUR), Bank of Japan (JPY), Bank of England (GBP), Swiss National Bank (CHF), Reserve Bank of Australia (AUD), and Bank of Thailand (THB). Interest rates are one of the most fundamental drivers of currency values because they directly influence capital flows between countries. When a central bank raises interest rates, its currency typically strengthens as higher yields attract international investment (the carry trade strategy). Conversely, rate cuts often lead to currency weakness. Our dashboard displays current rates, recent changes, upcoming meeting dates, and market expectations for future rate decisions. The interest rate differential section shows the spread between major currency pairs, which is crucial for understanding swap/rollover costs when holding positions overnight. For example, if you're long on a high-yielding currency and short on a low-yielding currency, you may earn positive swap. Our tool also tracks rate change history and central bank policy stance (hawkish, neutral, or dovish) to help you anticipate future currency movements. For Thai traders trading USD/THB or other THB pairs, understanding the Bank of Thailand's rate decisions relative to the Fed and other major central banks is essential for informed trading decisions.