Feb 24, 2015 17:41 pm UTC| Commentary
Quotes from Western Union:- The loonie remained on the defensive and less than two cents from six year lows against its U.S. rival. Oil firmed but still kept below $50.- Remarks from central bank heads from both sides of...
Feb 24, 2015 17:40 pm UTC| Commentary
Quotes from Western Union:- A reduction in inflation expectations in New Zealand took a toll on the kiwi which weakened toward 2011 lows hit in early February.- Receding inflation expectations at best reduce the chance of...
Feb 24, 2015 17:39 pm UTC| Commentary
Quotes from Western Union:- Mostly positive world stocks, a decent amount of risk appetite and the chance the Fed chair could talk about the possibility of raising U.S. interest rates this year weighed on the safer...
Feb 24, 2015 17:39 pm UTC| Commentary
Quotes from Western Union:- Sterling bled some of its recent appreciation on caution ahead of this weeks key testimony by the Fed chair. The pound is hot off its strongest levels in six weeks against the greenback and six...
Feb 24, 2015 17:38 pm UTC| Commentary
Quotes from Western Union:- The euro steadied as markets waited on word from Europe over whether Greeces reform list was enough to secure a four-month extension of its bailout program.- Meaningful upside for the euro...
Bank Negara Malaysia's next move unlikely to be a rate cut despite low inflation: Standard Chartered
Feb 24, 2015 12:31 pm UTC| Commentary
Quotes from Standard Chartered: -We do not expect Bank Negara Malaysias next move to be monetary easing despite low inflation, as the currency has played a major role in loosening monetary conditions recently. This should...
South Korea may be next in line to surprise with a rate cut: Standard Chartered
Feb 24, 2015 12:28 pm UTC| Commentary
Quotes from Standard Chartered: -In South Korea, messaging from the government raises doubt over the need for more monetary easing, which has left investors confused. Our view is that the government wants to move the...