Central Bank Watch
Bank of England’s Dilemma
February 17, 2010
To extend its asset purchases or not to extend them, that was the question that consumed the Monetary Policy Committee, according to minutes from its February 3-4 meeting. In a “finely balanced” decision masked by the 9-0 unanimous vote to stop the asset purchase program for now, officials offered six reasons for leaving policy as […] More
New Overnight Developments Abroad - Daily Update
Stocks Again Up But So Is the Dollar
February 17, 2010
After falling sharply Tuesday, the dollar recovered 0.5% against the yen, 0.4% relative to the euro and Swissy, 0.3% against sterling, 0.2% against the kiwi and 0.1% against the Australian dollar. The Canadian dollar is steady against its U.S. counterpart. The Bank of Korea Governor opined that the dollar’s long-term trend is down. More
