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.


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.


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.


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.


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.


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.


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.


Dollar Continues to Impress as Investors Digest Upbeat US Economic data

Sterling makes back losses vs euro but retail sales disappoint
Euro on the slide as EC’s Mersch says ready to buy ABS next week
Dollar holds gains as U.S. markets are closed today for Veterans Day
Swiss franc close to crunch point in run up to Gold referendum

FTSE: 6620, S + P: 2038, Oil: WTI $76.86, Brent $81.87, Gold: $1,149.30

Categories: Market Commentary.


Pound struggles as trade deficit widens.

• UK trade deficit widens to £9.8bn in September
• Euro remains weak after ECB statement
• Dollar extends post-jobs retreat
• Canadian dollar rises after economy unexpectedly adds jobs

Categories: Market Commentary.


GBP/USD Below 1.5840 as Early BoE Hike Hopes Dim

• German Industrial Production Rises Less Than Economists Forecast
• Draghi Reinforces ECB Stimulus Momentum to Assuage Investors
• First-Time Jobless Claims in U.S. Fell More Than Forecast
• RBA Sees Slow Growth, Warns Japan Flows May Keep Aussie High

Categories: Market Commentary.