Euro gets respite after recent sell-off.

• BoE policymaker’s comments support sterling
• Euro gains ground on dollar
• Dollar slips lower as Greece concerns subside
• Aussie dollar struggles amid rate cut expectations

Categories: Market Commentary.


The People Speak

• Sterling continues its rise against the euro.
• Earthquake in the cradle of democracy.
• Gold at five month high due to Greek vote.
• Record low yields in global bonds.

Categories: commodities.


All Eyes on ECB’s Decision on QE Bazooka

Sterling slides as MPC members all vote against interest rate rise
Sources report ECB to unleash huge QE injection of €500 Billion
Dollar comes close to 11 year high versus single currency
Loonie gives up nearly 3% vs pound as BoC lowers interest rate

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Categories: Market Commentary.


BoE to kick off “Crucial Central Bank Week” at 9.30am

GBP/USD rises off multi-month lows in quiet trade.
• Euro remains lower, close to 11-year-low level vs dollar.
• Dollar remains at multi-year highs after IMF growth forecast.
• Kiwi Consumer Prices fall for first time since 2012; BoJ cuts Price Forecast

Categories: Market Commentary.


Questions Remain Ahead of Crucial Week.

Stirling falls against beleaguered euro.
Unanimous view of Euro-Zone QE.
Dollar strengthens against peers.
The International Monetary Fund lowers its global growth forecast.

Categories: commodities.


Sterling strongest against euro since early 2008.

• Pound gains as ECB weighs stimulus
• Euro weakens on ECB meeting eyed
• Dollar has steady start to the week
• Yen gains as Chinese stocks rout spurs haven bid

Categories: Market Commentary.


SNB’s Surprise Scrapping of Euro Cap Triggers Turmoil in Currencies

Sterling hits highest level vs euro since 2008
Euro falls over 15% vs Swiss franc after SNB move
Dollar remains currency of choice as safe haven buck remains king.
Swiss franc posts massive gains against all major currencies

Categories: Market Commentary.


Euro Continues to Grind Lower.

Sterling firm near 6 year high against weakened euro.
Euro continues its slide.
Dollar ascendancy pauses for breath.
Reserve Bank of India surprises markets.

Categories: commodities.


UK Inflation set to fall further after reaching 12-year low.

• Bank chief Mark Carney must explain inflation fall
• Euro dips as market eyes possible ECB stimulus
• Dollar slips to 1-month low against yen
• Kiwi dollar buoyed by upbeat Chinese data

Categories: Market Commentary.


Federal Reserve likely to be cautious after jobs report.

• Bank of England’s frigidness confirms what we already knew.
• Big euro swings seem likely as ECB thinks about thinking.
• Federal Reserve may be patient in rising rates.
• Oil continues to slide.

Categories: commodities.