Feb 19, 2015 16:34 pm UTC| Commentary
Quotes from Western Union:- Sterling shed a little buoyancy to the greenback after its burst to new six-week highs this week and to six-year peaks for the U.K. currency on a trade-weighted basis.- Dovish Fed minutes saw...
Feb 19, 2015 16:33 pm UTC| Commentary
Quotes from Western Union:- The euro struggled to keep above $1.14 as Greeces inability to reach a compromise bailout deal with its creditors capped upside for the single currency.- Markets remained cautiously hopeful that...
Feb 19, 2015 16:31 pm UTC| Commentary
Quotes from Western Union:- Better trade figures from Japan counterintuitively weighed on the yen by fanning risk appetite. Japans trade gap was nearly 60% smaller than year ago levels, helped by a big jump in exports...
Feb 19, 2015 16:29 pm UTC| Commentary
Quotes from Western Union:- With the dollar at five-week highs versus the Swissie, give your CHF buyers a call and top priority today. Unhedged CHF buyers have seen costs rise in the wake of the Swiss central banks...
Stronger dollar and weak overseas demand holding back US factory sector: Capital Economics
Feb 19, 2015 15:58 pm UTC| Commentary
Quotes from Capital Economics:- The dip in the Philly Fed manufacturing index to 5.2 in February, from 6.3, adds to the evidence that the stronger dollar and weak overseas demand is holding back the factory sector.-...
US CPI likely to bottom at -0.5% y/y in March 2015: Barclays
Feb 19, 2015 15:48 pm UTC| Commentary
Quotes from Barclays Capital:- We have revised down our CPI forecast for Jan, but have pushed up the profile thereafter following the increase in gasoline and oil futures prices since our last update on 16 Jan. The NSA CPI...
Daily technical outlook for DXY: Societe Generale
Feb 19, 2015 10:59 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -The Dollar Index is re-integrating within a multi-month upward channel support and appears to be evolving within a pattern similar to a triangle. -The index is likely...