Go Back   BabyPips.com Forex Forum > Main Discussion > The Analyst Arena
Central Banks in Europe Team Up With the Fed to Boost Liquidity Central Banks in Europe Team Up With the Fed to Boost Liquidity
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read Chat Room [3]
The Analyst Arena Technical and fundamental analysis from various sources. Here you can get different perspectives on the markets through the eyes of different analysts. Also, go to the School of Pipsology and find out what kind of trader you are.

Welcome to the BabyPips.com forum!

You are currently viewing our boards as a guest which allows you to view the discussions, but prevents you from contributing. By joining our FREE community you will be able to do all of the following:

  • Post topics & responses to other discussions
  • Communicate privately with other members (PM)
  • Respond to polls
  • Upload content
  • Post comments on our blogs
  • Contribute on our Forexpedia

Registration is fast, simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please contact us.


Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 09-26-2008, 03:50 AM
DailyFx's Avatar
FX Analyst
FX-Men Honorary Member
  

Join Date: Jan 2007
Posts: 10,127
Default Central Banks in Europe Team Up With the Fed to Boost Liquidity
ECB, BoE and SNB will cooperate with the Fed to provide additional one week USD liquidity to "address the ongoing pressures in funding markets". The ECB will offer USD 35B in a variable tender today, while the volume of the overnight operations during the week will be USD 30B, rather than the USD 40B this week. Meanwhile the SNB will offer as much as USD 9B in a one-week repo today, and temporarily reduce the maximum amount it allots in the overnight repos to USD 7B from USD 10B. The BoE will today offer USD 10B in an overnight tender and USD 30B with a one-week maturity. The announcement comes after interbank rates rose sharply this week as banks are once again very reluctant to part with cash and lend to each other.
Reply With Quote
Reply



« Previous Thread | Next Thread »
Thread Tools
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump


All times are GMT -4. The time now is 04:10 AM.
Content Relevant URLs by vBSEO 3.2.0
"Opportunities multiply as they are seized."
Sun Tzu