Archive for April 4th, 2017

Central Bank Watch

Australian Official Cash Rate Left Unchanged at 1.50%

April 4, 2017

The Reserve Bank of Australia’s Board has maintained a 1.5% key interest rate since two of 25-basis point reductions in May and August of last year. Similar cuplets were engineered in October and December of 2012, May and August of 2013, such that February and May of 2015, leaving the rate to two percentage points below its […] More

New Overnight Developments Abroad - Daily Update

Stronger Yen, Weaker Peso

April 4, 2017

The dollar slipped 0.4% against the yen but gained 0.7% relative to Mexico’s currency. The dollar is 0.5% stronger versus the Australian dollar and has edged 0.1% higher vis-a-vis the loonie and kiwi. The euro and Swissie are 0.1% higher against the U.S. currency. Market volume may have been depressed by the continuing Ching Ming […] More

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