Trading news
Jun 9, 2015
BoC Wilkins: Higher interest rates will come in context of stronger economies
Bank of Canada's Wilkins notes, via Reuters, that eventual higher interest rates will be a test for financial system but will come in context of stronger economies. Meanwhile, Wilkins also made comments with regards to Canada's direct exposure to Greeek debt, saying it is very small, thus "risk of spillover to Canada from Greece is not a high probability", Wilkins said.
Read more
Previous
Jun 9, 2015
EUR/USD: Upside risks intact, 1.14/15 key - JPMorgan
Niall O'Connor, FX Strategist at JP Morgan Securities, notes the upside risks in EUR/USD are intact, adding that last week’s price action for EUR/USD highlights the importance of the 1.14/1.15 resistance zone as breaks remain necessary to confirm a deeper recovery phase.
Read more
Next