Friday, March 6, 2015

Daily FX Update, 6 March 2015


v  US’s initial jobless claims disappointed market expectations
v  ECB confirmed that the QE program will commence on 9 March and that it is prepared to buy assets with negative interest rates 
v  The Bank of England kept the Bank Rate unchanged at 0.5% 
v  China government lowered its growth target for 2015 
v  Philippine’s consumer prices inflation quickened marginally as expected   
v  Malaysia's central bank keeps key rate unchanged as widely expected by economists

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