The currency markets were hectic today, with the World Bank 2015 growth outlook, the European Court of Justice's green-light decision for the ECB to go ahead with QE, the weak US retail sales and another big move in the oil market, all providing room for some decent volatility. Most currency pairs have ended up roughly where they started and the focus will now turn to a fair bit of secondary EZ/US data, headed by the US PPI. Before then, the Australian Jobs data is due, with a soft reading likely to increase the speculation of an RBA rate cut, keeping the Aud uner pressure. After getting beaten up in Asia yesterday, ... (full story)