Quotes from Western Union : - The Aussie dollar stuck near recent four-year lows, caught up in the market rout that has caused many to shun riskier assets such as the high-yielding Aussie. China's economy continues to be a thorn in the Aussie's side after the Asian giant this week reported the lowest consumer prices in years. - Until market sentiment stabilizes the Aussie and other growth dependent currencies like the kiwi and loonie would be vulnerable to heightened downside risk
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Quotes from Western Union : - Sterling kept close to 11-month lows, still reeling in the wake of the weakest U.K. inflation in five years. The benign outlook for prices seemingly bought Britain's central bank additional time to keep rates low. - The low inflation climate trumped data this week that showed British unemployment neared a six-year low of 6.0 percent. The pound may be upside challenged for the foreseeable future on uncertainty ahead of U.K. elections in May and worries that U.K. exports could suffer if its key trade partner in the euro zone should tip back into recession.
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Quotes from Western Union : - Sterling kept close to 11-month lows, still reeling in the wake of the weakest U.K. inflation in five years. The benign outlook for prices seemingly bought Britain's central bank additional time to keep rates low. - The low inflation climate trumped data this week that showed British unemployment neared a six-year low of 6.0 percent. The pound may be upside challenged for the foreseeable future on uncertainty ahead of U.K. elections in May and worries that U.K. exports could suffer if its key trade partner in the euro zone should tip back into recession.
