Archive for July 4th, 2011


Bank of England Preview: No Change Anticipated

July 4, 2011

This week’s meeting of the Monetary Policy Committee will probably result in another decision to leave the Bank Rate at 0.5% and the ceiling on asset purchases at GBP 200 billion.  Those policy parameters were last changed in March 2009 and November 2009, respectively.  The policy announcement will be made at 11:00 GMT on Thursday.  […] More

New Overnight Developments Abroad - Daily Update

Spotlight on Greece and China

July 4, 2011

Currency movements were limited overnight, reflecting a loss of leadership due to U.S. Independence Day closure.  The dollar is 0.5% higher against the Aussie dollar and shows other gains of 0.2% relative to the Swiss franc and 0.1% versus the euro and Canadian dollar.  The greenback is down 0.2% against the kiwi and sterling and […] More