Feb 19, 2015 00:41 am UTC| Commentary
"Many Fed officials inclined to stay at zero longer" is the main headline that caught the markets attention from the FOMC Minutes. While the full context of that phrase is a bit softer (see USD), our US strategists point...
Bar for raising US rates by June is higher than it was in Dec: Barclays
Feb 18, 2015 20:42 pm UTC| Commentary
Quotes from Barclays Capital:- Our main takeaway from the January FOMC minutes is that concern about downside risk to inflation has risen and, consequently, the bar for raising rates by June is higher than it was in...
The message FOMC officials want to convey is not entirely clear: Capital Economics
Feb 18, 2015 20:30 pm UTC| Commentary
Quotes from Capital Economics:- Markets have initially interpreted the minutes of the late January FOMC meeting as dovish, but it is not entirely clear that is the message FOMC officials want to convey.- Markets appear to...
Daily outlook for AUD/NZD: Westpac
Feb 18, 2015 20:08 pm UTC| Commentary
Quotes from Westpac Research:- AUD/NZD 1 day: Momentum remains firmly negative, suggesting 1.0330 is vulnerable.- AUD/NZD 1-3 month: A sustained break below 1.0350 would motivate the market to push it significantly lower....
Daily outlook for NZD/USD: Westpac
Feb 18, 2015 20:07 pm UTC| Commentary
Quotes from Westpac Research:- NZD/USD 1 day: A 0.7500-0.7550 range with the upside vulnerable.- NZD/USD 1-3 month: This corrective rally (which started on 3 Feb) could extend to 0.7600+ during the next few weeks, as...
Daily outlook for AUD/USD: Westpac
Feb 18, 2015 20:06 pm UTC| Commentary
Quotes from Westpac Research:- AUD/USD 1 day: Neutral in a 0.7740 to 0 7830 range.- AUD/USD 1-3 month: Falling AU interest rates and commodity prices, and a strong US dollar, should continue to weigh on the AUD during the...
Feb 18, 2015 19:55 pm UTC| Commentary
Quotes from Westpac Research:- Australian 3yr government bond future yields slipped from 1.88% to 1.85% via 1.91%, while the 10yr yield slipped from 2.57% to 2.53% via...
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