Archive for January 18th, 2010

Central Bank Watch

Bank of Canada Preview

January 18, 2010

When the last Bank of Canada overnight rate target cut was implemented last April, a 25-basis point reduction to 0.25%, officials projected that “conditional on the outlook for inflation, the target overnight rate can be expected to remain at its current level until the end of the second quarter of 2010 in order to achieve […] More

New Overnight Developments Abroad - Daily Update

Not Much Happening As U.S. Honors Martin Luther King’s Birthday

January 18, 2010

The dollar fell 0.5% against sterling but is narrowly mixed otherwise with dips of 0.2% against the Canadian and Australian dollars and 0.1% versus the yen and Swissy, no change against the kiwi, and an uptick of 0.1% relative to the euro. The Nikkkei fell 1.2%, but the German Dax and British Ftse are trading […] More