NOK review

Jun 18, 2015 15:07 pm UTC| Commentary

Western Union notes:The U.S. dollar rebounded from near one-month lows against the crown after Norway lowered interest rates to 1% from 1.25% and left the door open to further...

CHF review

Jun 18, 2015 15:06 pm UTC| Commentary

Western Union notes:The Swiss franc firmed after Switzerlands central bank left its key rate unchanged at -0.75%. Officials though dubbed the franc as overvalued, suggesting a low tolerance of further appreciation which...

GBP review

Jun 18, 2015 15:06 pm UTC| Commentary

Western Union notes:A trio of factors has formed quite a supporting cast for the pound which soared to seven-month highs against the dollar and fared even better on a broadly weighted basis, notching seven-year peaks.The...

EUR review

Jun 18, 2015 15:06 pm UTC| Commentary

Western Union notes:The dip in the dollar helped the euro throw caution surrounding Greece to the wind. The euro soared to fresh one-month highs against its U.S. counterpart after the Fed this week stopped short of an...

Jobs data supportive for a 2015 Fed move

Jun 18, 2015 13:54 pm UTC| Commentary

U.S. Initial Claims fell a more than expected 12k to 267k in the week of June 13, lowest in a month. 4-week moving average slipped to 276.75k, bouncing very near the lowest levels since 2000. Continuing claims fell 50k in...

Higher inflation likely to keep BI on hold this year

Jun 18, 2015 12:14 pm UTC| Commentary

The Bank Indonesia kept its policy rate on hold at 7.50% at its June meeting which was in line with consensus. The lending facility and deposit facility rates remained unchanged at 8.00% and 5.50%, respectively.BI...

SNB keeps policy rates at -0.75%

Jun 18, 2015 12:03 pm UTC| Commentary

SNB kept all rates unchanged at its meeting today, as widely expected. Both the Libor target midpoint and the sight deposit rate were kept at -0.75%.EUR/CHF little changed on the decision, reflecting broadly unchanged...