Sterling slips to two-week low against resurgent euro.

• Pound continues its 10-day decline against euro
• Euro gets boost from euro-zone growth data
• Dollar rises ahead of Fed meeting
• NZ Dollar gains as Beijing tries to support stocks

Categories: Market Commentary.


Global Markets Splutter.

• Sterling weakens against dollar.
• EUR/USD has a winning week.
• Dollar broadly higher.
• Asian shares start week on the back foot.

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Categories: commodities.


Sterling see-saws after BoE minutes.

• BoE Minutes fail to take the shine off sterling
• Greece approves EU demands in order to keep euro
• Dollar crawls off lows
• Kiwi rallies after rate cut

Categories: Market Commentary.


Euro Stages Comeback Against Majors

BoE Governor comments confuse market as sterling slides
S + P upgrades Greece as single currency recovers losses
Weakness in US stocks, rebound in Treasury’s see’s dollar lower
Aussie dollar under pressure as RBA’s Stevens says rate cut on table

Categories: Market Commentary.


UK Rate hike bets keep Sterling close to 7-1/2 year highs.

• Sterling stronger on BoE comments
• Economists warn that Grexit will be back on the agenda next year
• Dollar rises broadly on Fed Bullard’s rate hike comments
• Kiwi dollar gains as RBA notes show easing bias

Categories: Market Commentary.


Dollar Bolstered by U.S. Rate Rise Hope

• Sterling momentum eases.
• Euro holds steady. Greek banks due to re-open
• Dollar hits three month highs.
• Aussie dollar sets new lows.

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Categories: commodities.


Europe Moves to Restore Funding to Greece

• Sterling hits new highs.
• Euro higher after Greek capitulation.
• Dollar on a roll.
• Japan’s exports up in June.

Categories: commodities.


Sterling Powers to a Seven-Year High On Trade Weighted Basis

• Anticipiation of Q1 2016 rate hike bolsters pound.
• Greek parliament surrenders.
• U.S. to raise interest rates in 2015……………………….maybe.
• Gold plunges on Yellen’s bullish comments.

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Categories: commodities.


Mark Flashes Some Ankle – Traders Swoon

• Sterling up against dollar and euro.
• Euro subdued ahead of Greek vote.
• Dollar investors take a breather.
• Oil rises as details emerge of Iranian deal .

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Categories: commodities.


Sterling Rises As Euro Comes Under Fire.

• Sterling higher aginst euro
• Fading optimism hits euro.
• Dollar gains against the yen and euro
• Gold a touch tepid.

Tags: .
Categories: commodities.