The RBNZ issued a hawkish statement last night, sending three month Libor rates to the highest since Mid-November. The next RBNZ policy statement is scheduled for January 25. The Bank of England kept rates steady as expected with the next policy decision slated for January 11th.
The ECB hiked rates by 25 bp to 3.50% as expected. The next policy statement is due January 11th. The press conference comments from the ECB have been updated on our website at www.ifrmarkets.com. Look under "Forex Watch" then "Central Bank Summary."
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