28.11.14

Pound to Dollar Downtrend Forecast to Continue

• U.K. House-Price Growth Cools to Weakest in Almost a Year
• Euro eyes inflation data, Swiss franc watches “gold” vote
• Dollar firms as oil plunges hit commodity currencies
• Abe Tested by Weak Retail Sales as Japan Election Looms
• Australia Government Suffers in Polls as Abbott Breaks Vows

Categories: Market Commentary.

26.11.14

Sterling weak but steady after BoE testimony.

• Carney fails to shift consensus view on rate rise
• Euro advances as Germany avoids recession
• Dollar eases in range-bound trade ahead of US holiday
• Aussie near 4-year low, expected to weaken further

Categories: Market Commentary.

24.11.14

Muttering Mario Sends Dollar Traders Delirious

• Pound lower against the greenback
• Mario’s jittery finger is on the trigger
• Traders see the US dollar as a one-way bet
• People’s Bank of China cuts rates

Categories: Market Commentary.

21.11.14

There’s Still Moonlight and Music for the US dollar

• Sterling unloved
• PMI data unsettles the euro
• US dollar still the A-Lister
• Oil traders ponder OPEC’s next move

Categories: Market Commentary.

20.11.14

Pound firms vs US dollar

• Sterling hikes after two policymakers vote again for rate increase
Dollar, Euro pushes up to fresh high against Japanese Yen
Fed debate shifts to tightening pace after first rate increase
Krone-Oil ties show cracks as Norway Curbs Deflation

Categories: Market Commentary.

18.11.14

Euro Suffers as Draghi Comments on Bond Purchases

Sterling benefits from fall in single currency but long term view looks grim
Euro falls most in 1 week-Draghi says ECB ready to buy government bonds
Dollar posts gains on euro and remains near 7-year high vs yen
Yen falls on speculation delay in sales tax and early election

Categories: Market Commentary.

17.11.14

Dollar surges after retail sales beat expectations.

• Sterling hits 14-month low against dollar
• Euro zone economy deteriorating: Survey
• Retail sales up 0.3% in October, versus expected 0.2%
• Yen falls to 7-year low on stimulus speculation

Categories: Market Commentary.

14.11.14

It’s all about the Benjamins.

• Bearish tone continues to prevail around the pound
• Euro still under pressure but just keeps head above water
• Dollar the only game in town
• Traders experience a wild ride with the Rouble

Categories: Market Commentary.

13.11.14

Pound hits 14 month low after dovish BoE report.

• BoE sees inflation below one percent, slower rate rises
• Euro zone industrial output point to weak Q3 growth
• Dollar resumes rise against yen
• Yen drops on Abe poll speculation

Categories: Market Commentary.

12.11.14

Sterling inches higher ahead of key figures

• UK wage data and Inflation Report set to move markets
Dollar index close to 4-year high on positive economic outlook
Gold holds gains; investors wary of rallies as dollar firms
Banks to Pay $3.4 Billion in FX-Manipulation Probe

Categories: Market Commentary.