Archive for March 26th, 2012

Central Bank Watch

Bank of Israel: No Change

March 26, 2012

Today’s rate decision, like that in February, was to leave the Bank of Israel’s benchmark interest rate at 2.5%.  This was the outcome that most analysts were predicting.  The rate was at 0.5% prior to August 2009 but raised by 75 bps over the rest of that year, an additional 75 bps in 2010 and […] More

New Overnight Developments Abroad - Daily Update

Focus Continuing on Europe, and the Mood Remains Apprehensive

March 26, 2012

The dollar climbed 0.6% against the yen but is otherwise narrowly mixed, with losses of 0.3% versus the loonie and 0.1% against the Australian dollar but gains of 0.2% vis-a-vis the euro and Swissie and 0.1% relative to sterling.  The dollar was fixed in Beijing at a new post 2005 low of 6.2858 yuan but […] More