ECB keeping Greece on the rack
Apr 13, 2015 16:43 pm UTC| Commentary
Regarding Greece, the ECB will stick to its stance presented in March. Greeces banks will need to continue to resort to ELA financing (65.6bn in February, said to have increased to 73bn mid-April) until further clarity is...
ECB Governing Council likely to maintain status quo on all its policy decisions
Apr 13, 2015 16:40 pm UTC| Commentary
In contrast with the previous ECB press conferences held since last summer, when President Draghi kept raising expectations of QE action and significant questions remained on the design of QE, the upcoming 15 April press...
Apr 13, 2015 16:18 pm UTC| Commentary
The dollar got off to a fast start to the week but to sustain its gains it would need to successfully weather key U.S. reports this week on the consumer.Forecasts call for retail sales to end a three-month skid with a...
Apr 13, 2015 16:17 pm UTC| Commentary
The loonie lost some of its jobs-driven gains amid fresh worries about the state of the Chinese economy, a big commodity consumer. Canadas buck weakened back above C$1.26 after getting a boost below that level last week...
Apr 13, 2015 16:16 pm UTC| Commentary
A huge spill in the Aussie dollar overnight took it within a fraction of a cent away from six-year lows against the greenback, hitting a session bottom of $0.7550. The Aussie last week had fared buoyantly after the nations...
Apr 13, 2015 16:16 pm UTC| Commentary
Sterling sank to new five-year lows under $1.46 against its U.S. peer as uncertainty continued to intensify in the run up to the U.K. vote on May 7. With less than four weeks to go before the election that is considered...
Apr 13, 2015 16:15 pm UTC| Commentary
This could be the week the euro falls to new 12-year lows against the dollar while a big U.S. bank thinks this could be the year the currency pair weakens below parity. Morgan Stanley predicts the euro would fall below the...
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