Mar 26, 2015 17:55 pm UTC| Commentary
The greenbacks recent loss of favor has helped the Aussie buck rebound from six-year lows. Still, meaningful gains may be tough to sustain for the Aussie given the elevated chance Australias Reserve Bank could cut interest...
JPY, CHF review: Western Union
Mar 26, 2015 17:54 pm UTC| Commentary
This safe haven duo either notched or flirted with one-month highs against the greenback, drawing demand from global uncertainty with confidence on the ebb over the world economy and instability in the Middle East with...
Mar 26, 2015 17:53 pm UTC| Commentary
The euro hopped above $1.10 to three-week highs against its buoyancy challenged of late U.S. rival. Signs of improving economic momentum in Europe have worked in the euros favor. The euro has also benefited from markets...
Mar 26, 2015 17:53 pm UTC| Commentary
Sterling boosted in surprisingly good news on the U.K. consumer. The pound climbed close to $1.50, reaching its strongest level in a week, after British retail sales rose 0.7 percent in February while the decline in...
Governor Poloz's speech highlights the credibility of surprises
Mar 26, 2015 17:32 pm UTC| Commentary
Governor Poloz in his speech today looked to address the role of central bank credibility in influencing the path of long-term interest rates and financial market volatility. While modestly dovish, he doesnt provide much...
Jobless claims support a slowing in the US payroll growth in March
Mar 26, 2015 16:57 pm UTC| Commentary
March US employment report is scheduled for release on Friday, April 3Initial jobless claims, which were approximately 10k higher in the March survey week than in Feb, and the diffusion index, which showed a modest...
Low oil prices will continue to weigh on Canadian economic activity in 2015
Mar 26, 2015 16:06 pm UTC| Commentary
According to the CFIB business confidence indicator, Canadian small business sentiment rose by 2.4 points in March to 61.5. Todays reading pushes the index further away from the crucial 50 level that marks a contraction in...