Mar 10, 2015 17:33 pm UTC| Commentary
Western Union notes in a report on Tuesday: The Aussie dollars fall below $0.7700 today took it to its weakest since May 2009. Signs of waning economic momentum at home and in China weighed anew on the Aussie. Business...
Mar 10, 2015 17:30 pm UTC| Commentary
Western Union notes in a report on Tuesday: Call your JPY buyer today with the strongest greenback since July 2007. The dollar briefly touched 122 against its Japanese counterpart as U.S. Treasury yields held near...
Mar 10, 2015 17:29 pm UTC| Commentary
Western Union notes in a report on Tuesday: Sterling was near five-week lows against the greenback, a level that was about a penny away from its weakest since July 2013. Steady gains for the U.S. currency, coupled with...
Mar 10, 2015 17:27 pm UTC| Commentary
Western Union notes in a report on Tuesday: The euro took another step toward parity against the greenback as it plunged below $1.08 to its lowest level since April 2003. The starkly different roads ahead for monetary...
ECB QE should continue to boost European stocks
Mar 10, 2015 17:16 pm UTC| Commentary
The Federal Reserve is likely to raise short-term interest rates later this year and earnings growth may be scarcer if oil prices remain low.Earnings expectations are being reset, as low oil prices have caused many...
Mar 10, 2015 16:49 pm UTC| Commentary
Since late Jan, Copper has been correcting higher. Now the daily RSI are rolling over from overbought BofA Merrill Lynch notes in a report on Tuesday: We look for a top in the confluence of resistance between...
Mar 10, 2015 16:44 pm UTC| Commentary
BofA Merrill Lynch notes in a report on Tuesday: We remain bullish and long USD/JPY. Pullbacks should be limited to old Triangle resistance, now support at 120.32/119.96. It would take a break of the Mar-03, 119.38 low...