JPY review

Mar 27, 2015 15:21 pm UTC| Commentary

Western Union quotes as follows:The yen was steady Friday but well below Thursdays one-month high against its U.S. counterpart. Fresh evidence of the fragile shape of the worlds No. 3 economy kept the door unlocked to...

GBP review

Mar 27, 2015 15:21 pm UTC| Commentary

Western Union quotes as follows:Sterling edged higher on Friday, paring its weekly decline, finding support in remarks from Britains central bank governor. Mark Carney weighed in on the U.K. interest rate outlook,...

EUR review

Mar 27, 2015 15:20 pm UTC| Commentary

Western Union quotes as follows:A weaker euro held two cents below Thursdays three-week peak above $1.10. That level has proven frustrating for the euro bull as it often brings out the bears, enticing them to sell the...

Flat unemployment rate confirms modest economic activity in Mexico

Mar 27, 2015 14:58 pm UTC| Commentary

The unemployment rate in Mexico remained flat at 4.5% sa in February as the participation rate increased slightly, to 60.2%, from 59.7% in January. In annual terms, unemployment decreased to 4.3%, from 4.7% in February...

Drag on growth from net trade limits upside potential for overall US GDP

Mar 27, 2015 14:48 pm UTC| Commentary

The BEAs third of estimate Q4 GDP left growth unchanged at 2.2% (q/q saar). Private consumption growth was revised up two-tenths, to 4.4%, with the details of PCE showing upward revisions to goods and services...

Mexico unemployment rate likely fell in February

Mar 27, 2015 06:45 am UTC| Commentary

After peaking in July 2014, the unemployment rate in Mexico declined to 3.76% in December as labour force growth slowed in line with employment growth.The rise in the unemployment rate in January (from 3.76% to 4.51% and...

Mexico trade balance to have bounced back in February

Mar 27, 2015 06:42 am UTC| Commentary

Mexicos export and import growth in January was disappointing and can partly be explained by low oil prices. The sharp rise in the trade deficit (on both a monthly and annual basis) can be partly explained by lower oil...