Apr 21, 2015 15:12 pm UTC| Commentary
The Aussie dollar held firm at session highs against its U.S. counterpart, supported by global stock gains that pointed to improved investor appetite for higher-yielding assets.Under the surface though the Aussie remained...
Apr 21, 2015 15:12 pm UTC| Commentary
A mixed U.K. pound strengthened against the weaker euro but lost ground to the firmer U.S. currency. Election uncertainty leaves the pound vulnerable to selling when it bounces higher which it did last week when it...
Apr 21, 2015 15:12 pm UTC| Commentary
Worries about Greeces frail fiscal health continued to gnaw at the euro and highlight its underlying bearish bias. The situation in Greece has become so dire that Athens this week ordered local governments to fork over...
Short-end USD rates to trade higher over the coming weeks
Apr 21, 2015 06:57 am UTC| Commentary
The recent upside surprise to US core CPI inflation will set the stage for a rebound in Fed rate-hike expectations. The likely growth improvement in Q2 will thus come against a more stable inflation backdrop.Moreover, the...
A broader recovery likely in NOK as oil complex recovers
Apr 21, 2015 06:10 am UTC| Commentary
The stabilization and recovery in the crude oil market has had a direct and meaningful impact on the NOK, reflected by a 6% appreciation in the trade weighted index over the past month.However, analysts believe this rally...
SEK set to appreciate vs EUR on improved exports to euro area
Apr 21, 2015 06:05 am UTC| Commentary
Rate markets have not fully ruled out the possibility that the Riksbank could further easemonetary policy in order to uphold its 2% inflation target. Further easing this year wouldfollow the surprise move in March to cut...
Swiss Franc to strengthen vs USD as economic situation in Europe improves
Apr 21, 2015 05:55 am UTC| Commentary
The Swiss franc briefly strengthened through 0.95 against the USD earlier this month after a disappointing US March payrolls report triggered broad-based selling of the USD.The dollar has since rallied, pushing USD/CHF to...
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