USD review

Apr 10, 2015 14:45 pm UTC| Commentary

Western Union:Initial signs of the U.S. economy emerging from its sluggish start to the year have helped the U.S. dollar get back on a strengthening path against its rivals.The big positives for the dollar this week came...

CAD review

Apr 10, 2015 14:44 pm UTC| Commentary

Western Union:Canadas loonie rebounded from more than one-week lows after the nations employment report beat expectations with a gain of 28,700 for March.Unemployment remained at 6.8 percent, as expected. The loss of...

AUD review

Apr 10, 2015 14:44 pm UTC| Commentary

Western Union:Another reminder of the fragile shape of the Chinese economy weighed on the Aussie dollar which relinquished some of its gains on the week. Consumer prices in China held steady at 1.4 percent in March,...

GBP review

Apr 10, 2015 14:43 pm UTC| Commentary

Western Union:The pound sank to new five-year lows under $1.47 as underwhelming U.K. data today added to the host of bearish factors plaguing the British unit.U.K. fundamentals have been flashing mixed signals of late but...

EUR review

Apr 10, 2015 14:43 pm UTC| Commentary

Western Union:The euro slipped under $1.06 to new three-week lows against its U.S. peer, weighed down by a bevy of factors. Among them: widening interest rate differentials in favor of dollar-denominated assets, the ECBs...

Canadian economy surprises with a big job gain in March

Apr 10, 2015 14:32 pm UTC| Commentary

The Canadian economy defied expectations for weakness, and churned out 29K net new jobs in March. Similar gains in the labour force left the unemployment rate unchanged at 6.8%.The devil was in the details though, as...

Market movers ahead

Apr 10, 2015 14:24 pm UTC| Commentary

Danske Bank:Next week China is due to publish Q1 GDP. We expect the release to show that Chinas 7% growth for this year is already challenged.We expect no change or new signals on policy but we look for a dovish stance...