Insights

 

FX Daily
January 27, 2015 Posted by
The dollar declined from its recent highs level after U.S. durable-goods orders decreased 3.4 percent in December. Federal Reserve policy makers meeting this week are forecast to hold interest
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FX Daily
January 26, 2015 Posted by
Yesterday’s Greek elections resulted in a victory for the Syriza party, whose leader had pledged to renegotiate Greece’s international bailout.  Despite the victory for the left wing party, the EUR is slightly stronger as the market further speculates that the new ruling party’s anti-austerity agenda will not include an exit to the common currency.
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FX Daily
January 23, 2015 Posted by
The EUR continues its dramatic slide vs. the USD (11-year lows) as an official said the ECB is prepared to increase its stimulus program (QE announced yesterday) is needed next week amid polls showing the “anti-austerity” party is expected to win next week’s Greek elections.
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FX Daily
January 21, 2015 Posted by
EUR is slightly stronger vs. the majors this morning after a report from Bloomberg indicated an ECB Executive Board proposal circulated to the Governing Council foresees asset purchases (QE) of 50B EUR/month through the end of 2016.
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Treasury Management; U.S.
January 20, 2015 Posted by
Without a commercial card program, you're barely tapping the benefits that make migration to a comprehensive e-payments program worthwhile. Take a look at the top benefits a business at any growth stage can expect after integrating a commercial card program into its e-payments strategy.
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FX Daily
January 16, 2015 Posted by
The euro has taken a beating in recent weeks and the downside move accelerated yesterday when the Swiss National Bank unexpectedly ended its policy of maintaining the franc at levels weaker than 1.20 per euro. While setting a record intraday low against the franc yesterday, the euro also ended the day with a 3.5% decline in relation to a basket of major currency peers, the biggest drop on record.
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FX Daily
January 15, 2015 Posted by
The Swiss National Bank sent shockwaves through the market today by abandoning its 1.20 cap on franc per euro. The SNB simultaneously cut the target rate for three-month LIBOR from a range of minus .75% to minus .25% to minus 1.25% to minus .75%.
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FX Daily
January 14, 2015 Posted by
U.S. retail sales were significantly worse than expected for the month of December, falling by .9%, the worst showing in nearly a year. The retail sales index measures 13 categories of spending and 9 of those fell, indicative of a broad based retreat that will prompt cuts to U.S. growth forecasts.
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