Archive for January 8th, 2015

Central Bank Watch

Bank of England Policy Remains Paused

January 8, 2015

The Bank of England left its 0.5% Bank Rate (since March 2009) again unchanged and did not modify the limit of its quantitative stimulus (last expanded in July 2012 by 50 billion pounds to its present size of GBP 375 billion, which was reached four months later).  Minutes of this week’s meeting will be published […] More

New Overnight Developments Abroad - Daily Update

Euro Weakened Further

January 8, 2015

The dollar is trading currently near its new peaks of $1.1754 per euro and CHF 1.0218.  The dollar is now 0.7% higher against those currencies than at Wednesday’s close.  The dollar also rose 0.6% against the yen and 0.3% versus sterling but has fallen by 0.3% relative to the Australian dollar and 0.1% against the […] More