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Tuesday, December 05, 2006

FOREX: Central Bank Summary - BoC Keeps Rates Steady

The Bank of Canada kept rates steady today, as expected and current three-month Libor rates see rates remaining steady through early March. The next Bank of Canada meeting is January 16. JPY three-month Libor rates edged higher after hawkish comments from BOJ Mizuno overnight. The latest comments from the BoC and BOJ are updated on our website at www.ifrmarkets.com. Look under "Forex Watch" then "Central Bank Summary."

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