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Apr 6, 2015
Headline UK CPI expected to fall, but no signs of building deflationary risks – Rabobank
Jane Foley, Senior Currency Strategist at Rabobank, reviews the inflation scenario and BoE member views on the same, and remains of the view that there is little sign of any building deflationary mindset in the UK as labour force, consumption and consumer confidence continues to strengthen.
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Apr 6, 2015
USD/CAD near-term bearish bias – TDS
With USD remaining on the defensive post the weak US payrolls, FX Strategists at TD Securities, view that USD/CAD exhibits a bearish bias in the near-term, expecting gains to struggle through low/mid 1.25s before the pair heads towards 1.2360.
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