Hirose News|March 10, 2014 8:58 AM

Some announcements that may impact the markets this week


Big news for this week!

Below are some announcements that may impact the markets this week:

News

The US dollar claimed a 6 week high against the Yen, made good on gains from positive US employment data.  Meanwhile, though both Sterling and EURUSD made gains this week with the EURUSD hitting a high of 1.3915 (before pairing back), a level not seen since October 2011.

The South African Rand was a big loser this week, falling 1.1% and the Canadian Loonie declined on worse than expected jobs data, indicating that the central bank may need to cut rates to boost economic growth.

 

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The Hirose Financial UK Team