Mar 19, 2015 16:09 pm UTC| Commentary
The dollar largely snapped back to bullish form on Thursday, helped in part by fresh jobs data that fared better than expected. Weekly jobless claims inched up to 291,000 from a revised 290,000 which was just below...
Mar 19, 2015 16:08 pm UTC| Commentary
The loonies Fed-fueled gains had all but evaporated on Thursday when it had swung from fresh six-year lows above C$1.28 to nearly multiweek peaks below C$1.25. The loonies better performance Wednesday marked its best day...
Mar 19, 2015 16:08 pm UTC| Commentary
Norways crown strengthened to one-week highs against the otherwise stronger greenback after the nations central bank surprised markets by not cutting interest rates from 1.25%. But any bounce for the crown shouldnt get it...
Mar 19, 2015 16:07 pm UTC| Commentary
Switzerlands currency shed a few francs in value after the nations central bank didnt announce a new round of fireworks. Back in January, the Swiss National Bank launched the franc sharply higher and into outer space after...
Mar 19, 2015 16:07 pm UTC| Commentary
Sterling ducked back below $1.50 after a stomach-churning, rollercoaster session Wednesday ended up being the pounds best one-day outing in 5 ½ years. The pound had benefited as the Fed news this week sparked an...
Mar 19, 2015 16:06 pm UTC| Commentary
The euro Wednesday had benefited from lopsided market positioning that was skewed long the dollar and short the euro. So as the greenback faltered in response to the Feds sketching of a more gradual path for interest rate...
Another sizeable gain in US payroll employment likely in March
Mar 19, 2015 15:44 pm UTC| Commentary
U.S. initial jobless claims rose by 1k in the March 14th week to 291k. Continuing claims fell to 2.42 mln in the March 7th week from 2.43 mln.US initial jobless claims remained slightly below 300,000 last week, confirming...