Jun 25, 2015 15:24 pm UTC| Commentary
Western Union notes:A trio of constructive U.S. data helped validate the dollars buoyant week and leave in line for further appreciation.Signaling a green light for a U.S. rate hike, consumer spending soared 0.9 percent in...
Jun 25, 2015 15:23 pm UTC| Commentary
Western Union notes:The loonie steadied near two-week lows as an absence of news on the Canadian economy this week caused it to drift lower.Oil market volatility and a perkier greenback have also worked against the...
Jun 25, 2015 15:22 pm UTC| Commentary
Western Union notes:Great deal for the CHF buyer so put them on todays priority call list. The Swiss franc took a spill after the nations central bank chairman sounded dovish on area policy and hawkish on the outlook for...
Jun 25, 2015 15:22 pm UTC| Commentary
Western Union notes:Gains against the euro helped underpin the pound against the dollar. Sterling sentiment received quite a makeover from news last week of the fastest growth in U.K. paychecks in 4 years, encouraging news...
Jun 25, 2015 15:22 pm UTC| Commentary
Western Union notes:The euro idled near multi-week lows as markets awaited word on Greece. If and when a Greek deal for more default and euro exit-averting money is sealed, the market focus is expected to shift back to...
May spending figures show that U.S. consumption is back on track and firmly
Jun 25, 2015 15:07 pm UTC| Commentary
U.S. personal spending rose by 0.9% M/M in nominal terms, springing back to life after Aprils near flat reading (revised from 0.0% to +0.1%). In real terms, consumer expenditures rose a robust 0.6% M/M, above the consensus...
U.S. economy is rebounding from that weak first quarter
Jun 25, 2015 14:31 pm UTC| Commentary
U.S. personal spending jumped 0.9% in May, on the high end of the range of expectations and the largest increase since August 2009. In real-terms, the gain (of 0.6%) was also impressive, along with the upward revisions...