Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (147212)	3/20/2023 9:37:47 AM
From: Goose94	Read Replies (1) \| Respond to of 202034

HSU-T: Central Bankers Coordinate On Liquidity Measures And amid all this, a cabal of central banks announced over the weekend that they would undertake coordinated action to ensure market liquidity was at no risk of drying up due to the turmoil. The Bank of Canada is joining the U.S. Fed, Bank of England, ECB, SNB and the Bank of Japan to increase the frequency of their U.S. dollar auctions to daily from weekly in a bid to reduce potential strains on global markets. Now, this is into the plumbing of how financial markets work, so it gets a bit wonky, but the crux of the matter is that by switching to a daily auction, those central banks make sure greenbacks are more readily at hand for any funding needs that arise, rather than having to wait a full week – keeps things nimble as situations evolve quickly. BNN.ca Deep Pocket Mighty Mouse Came to Save the Day. Printing...