In the overnight markets, US dollar borrowing costs dropped to 0.41% from 0.73% yesterday- encouraged by the US Federal Reserve cutting rates to 1%. Sterling fell from 4.74% to 4.63%. Euro rates increased slightly from 3.53% to 3.55%.
Three-month dollar Libor fell from 3.19% to 3.03%, while the euro dropped from 4.79% to 4.77%
The week on Risk.net, July 7-13, 2018Receive this by email