Mar 24, 2015 16:51 pm UTC| Commentary
A tiny bounce in U.S. inflation last month helped the dollar pare a decline. Helping to make a June rate hike a bit of a closer call, U.S. consumer prices climbed out of the red in February while less volatile core...
Mar 24, 2015 16:50 pm UTC| Commentary
Canadas dollar neared three-week peaks below C$1.25, helped by the greenbacks bleeding of more of its recent gains, and an uptick in the price of oil to nearly $48. With little local data to consider this week, the loonie...
Mar 24, 2015 16:50 pm UTC| Commentary
While many currencies pulled ahead of the greenback, the Aussie dollar largely sat idle after weak data from China weighed. The Aussie eased off its highest level in close to a month after a key gauge of China...
Mar 24, 2015 16:49 pm UTC| Commentary
More evidence of a nascent recovery taking shape in the 19-country economy supported the euro which hit $1.10 against the greenback. The euro zones broadly weighted composite PMI, which takes into account both services and...
Mar 24, 2015 16:49 pm UTC| Commentary
The U.K. pound remained at bargain levels for U.S. importers despite the greenbacks pulling away from broader multiyear peaks. Sterling stuck below $1.50 and not far from five-year lows after area inflation deteriorated to...
Growth in Brazil unlikely to bounce back any time soon
Mar 24, 2015 16:01 pm UTC| Commentary
Brazil economic activity index suggests that the economy likely stagnated in Q4 14 on a sequential basis (-0.7% yoy) or declined marginally. This implies that it stagnated on a full-year basis too.Between 2011 and 2014,...
Stronger dollar to put downward pressure on US imported goods prices in the near-term
Mar 24, 2015 15:50 pm UTC| Commentary
The 0.2% m/m increase in Februarys consumer prices was enough at least to pull the US out of deflation after only one month, with the annual inflation rate rebounding from -0.1% to 0.0%.But there is a good chance that base...
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