Archive for February 22nd, 2016

Central Bank Watch

Bank of Israel Leaves Interest Rate Unchanged at 0.10%

February 22, 2016

It’s been a year since the last interest rate modification at Israel’s central bank.  That 15-basis point cut followed four consecutive calendar years in which the rate was reduced three times by 25 basis points each time.  The current 0.10% level thus compares with 3.25% at the end of 2010.  Israeli monetary officials released a […] More

New Overnight Developments Abroad - Daily Update

Sterling’s the Biggest Loser Against a Strengthening Dollar

February 22, 2016

Sterling fell 2.0% against the U.S. currency, which also has risen 0.9% against the euro, 0.8% relative to the Swiss franc and 0.5% vis-a-vis the yen.  Emerging market currencies and commodity-sensitive monies have also performed well this Monday.  The U.S. dollar lost 1.1% against the Aussie dollar, 0.4% versus the kiwi, 0.5% against the rand […] More