31.03.15

Dollar on track for best quarter since 2008.

• Pound falls despite better than expected GfK data
• Euro falls on jitters over Greece debt deal
• Dollar edges higher on monetary policy outlook
• Aussie dollar falls to near two-week low

Categories: Market Commentary.

30.03.15

Fundamentals Out – Semantics In.

• Pound improves slightly.
• Greek Farce continues.
• Janet’s Riddles send dollar higher.
• Oil falls again.

Tags: .
Categories: commodities.

27.03.15

Dollar strengthens overnight!

• U.K. retail sales rise more than forecast as prices fall
• EUR/USD falls sharply amid strong U.S. data, forecasts for parity
• Dollar gains second day as Europe stocks climb; Oil drops
• Yen rebounds on upbeat jobs data, CPI, retail sales disappoint

Categories: commodities.

26.03.15

U.S. Economic Data Weakens Dollar

Sterling makes back ground over U.S. dollar
Euro breaks $1.10 handle vs greenback on strong German GfK data
Dollar slides on weak US durable goods orders
Oil soars 6% on Yemen bombing as WTI breaks $52

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Categories: Market Commentary.

25.03.15

Dollar Steadies But Questions Abound.

• No love for the pound.
• All eyes on Germany
• Traders ponder whether the dollar is overbought.
• US Stocks fall for second day.

Tags: .
Categories: commodities.

24.03.15

Sterling shows weakness ahead of PMI and inflation data.

• Pound outlook dominated by inflation, BoE chit-chat
• Euro down against dollar after staging rally
• Dollar edges higher on Fed official’s comments
• Rand rides on euro gains versus dollar

Categories: Market Commentary.

23.03.15

A Moment of Clarity for Dollar Bulls?

• Pound gets a slight reprieve.
• Merkel & Tsipras meeting is now the focus.
• Traders realise that a June rate rise was mere fantasy.
• Saudi Arabia keeps the spigots open – oil continues to fall.

Tags: .
Categories: commodities.

20.03.15

Dollar Takes a Breath.

• Pound spluttering.
• An interval in the Greek tragedy.
• Dollar bull run continues but some see a correction coming.
• Oil falls again on higher inventories.

Tags: .
Categories: commodities.

19.03.15

Fed Puts Interest Rate Hikes in Play

Huge swings in cable as GBP/USD moves three cents overnight
Euro/dollar volatility after Fed statement
Dollar sold off after Fed removes key word ‘patient’ from statement
Kiwi $ rallies – data shows economy expands as fastest pace since 2007

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Categories: Market Commentary.

18.03.15

Pound Weakens on Concern U.K. Election Will Produce No Majority

• British elections are the biggest threat to the U.K. recovery – Bloomberg
• All eyes on the FOMC today – USD/JPY might see 125 over a 3-m view
• Fitch maintains Australia’s AAA/Stable rating; AUD/USD trades below 0.76

Categories: Market Commentary.