Jun 04, 2015 14:30 pm UTC| Commentary
Western Union:Like the greenback, Canadas currency has also fallen prey to doubts about the health of the domestic economy.Consequently, the loonie remains close to its most affordable levels for U.S. businesses since...
Jun 04, 2015 14:30 pm UTC| Commentary
Western Union:A forgettable night for Australias economy weighed on the Aussie dollar which tumbled from its loftiest level in more than a week. A pair of worrisome readings on the Down Under economy revived expectations...
Jun 04, 2015 14:29 pm UTC| Commentary
Western Union:The dollars general underperformance helped sterling recover from its lowest level in nearly a month.As expected, the Bank of England stood pat on policy and left its main lending rate at a record low of...
Jun 04, 2015 14:29 pm UTC| Commentary
Western Union:The euro raked in more gains and notched new two-week highs against the dollar, buoyed by the blocs improving economy and a surge in area government bond yields that have made the single currency a better...
Gold clears key support, as Euro wipes out today’s gains
Jun 04, 2015 13:50 pm UTC| Commentary
Gold has broken below key support as weaker Dollar in early European session failed to provide any support to Yellow metal. Dollar has bounced back sharply as New York session approached. Euro has given up most of its...
Brazilian Real Outlook (1-3 Month) – Fiscal uncertainty
Jun 04, 2015 12:27 pm UTC| Commentary
On May 22, Planning Minister Nelson Barbosa announced a round of BRL 69.9bn in contingent cuts across most of the main portfolios. According toRBC Capital Markets, the announcement is an important sign that all is not...
Israeli Shekel Outlook (1-3 Months)– Geopolitical risks loom
Jun 04, 2015 12:16 pm UTC| Commentary
Middle East geo-political risks continue to build up around Israel. It remains unclear what will be the impact of a change in regime across the border in Syria. It also remains unknown whether, and if the Assad regime is...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects