Mar 05, 2015 16:04 pm UTC| Commentary
Quotes from Western Union:- Disappointing U.S. jobs data on the eve of a crucial look at Americas labor market caused the dollar to pare some gains. Weekly jobless claims unexpectedly rose to 320,000 from 313,000. The...
Mar 05, 2015 16:03 pm UTC| Commentary
Quotes from Western Union:- The loonie has been the beneficiary of an improved sentiment shift as it rose in defiance of an otherwise stronger U.S. currency.- The Bank of Canada held its key interest rate steady at 0.75...
Mar 05, 2015 16:03 pm UTC| Commentary
Quotes from Western Union:- Todays a better JPY buyers market for U.S. importers with the yen back in the 120s, pretty much the weakest levels for the Japanese unit since early January.- Bursts above 120 have recently...
Mar 05, 2015 16:02 pm UTC| Commentary
Quotes from Western Union:- Sterling held steady at three-week lows against its U.S. counterpart. The pound has been pressured by euro-dollar weakness and rising uncertainty over the road ahead for U.K. politics.- Despite...
Mar 05, 2015 15:59 pm UTC| Commentary
Quotes from Western Union:- The ECB announced the program in January and plans to start implementation in 60 billion a month installments and keep it going until at least September 2016. Putting the monster QE program into...
Rabo Bank: USD/CNY rally could still extend to 6.40~ in the coming months
Mar 05, 2015 13:12 pm UTC| Commentary
Quotes from Rabo Bank The price action witnessed throughout 2014 and so far this year implies that 6.40~ could be a valid mid-term target for USD/CNY. Following the sharp retracement to around 6.11 low in October...
Capital Economics: ECB Meeting Review
Mar 05, 2015 13:10 pm UTC| Commentary
Quotes from Capital Economics After leaving policy on hold today, the ECB is likely to play up the effects of the QE programme announced in January - but it faces an uphill battle against the threat of deflation. With...
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