Sterling Hits Two Month Highs Against Euro

• Retail Sales Bolster sterling
• Euro gains ground against dollar
• Dollar slips on more poor data
• Oil takes a slip.

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Categories: commodities.


Fed Unlikely to Raise Rates in June

Sterling breaks 1.40 handle vs euro and stems losses vs dollar
Euro jitters around Greek bailout send currency sliding
Dollar mixed as Fed looks to later in year for rate hike
Gold steady above $1,200 as June rate hike prospects dim

Categories: Market Commentary.


Dollar’s Back, but for how long?

• Sterling falls to session lows as UK inflation turns negative
• Euro falls to 2-week lows as Coeure shows more bond buying
• Dollar gains versus majors as treasuries climb before Fed Minutes
• Kiwi drops to 1-week lows vs stronger USD; Emerging market stocks dip

Categories: Market Commentary.


Sterling falls against dollar as post election shine wears off.

• Investors focus on EU membership, spending cuts
• Euro slips amid concern over Greece
• Dollar flat against yen ahead of US, euro-zone data
• Kiwi gains on higher inflation expectations, dairy auction looms

Categories: Market Commentary.


Dollar On Defensive.

• Pound continues post-election rally.
• Euro gains ground
• Reality sets in for dollar bulls.
• Oil rises on Middle East violence.

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Categories: commodities.


Sterling Gains Against Lacklustre Dollar.

• Pound hits five month highs
• Eurozone growth bolsters single currency
• Dollar struggles
• Oil set to end week slightly higher on weaker dollar.

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Categories: commodities.


Dollar Takes A Plunge.

• Pound near five month highs
• Eurozone shows signs of life
• Dollar falls on weak retail data
• Gold futures jump 2%

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Categories: commodities.


Sterling traders eye Inflation Report at 10:30

• Pound falls slightly vs Euro before Jobs Data, BOE Inflation Report
• ECB extends lifeline to Greece; French GDP beats expectations
• Dollar under pressure against euro ahead of fundamental data
• Aussie gains despite weak wage-price data, China output ahead

Categories: Market Commentary.


BoE Keeps rates and monetary policy on hold.

• Bank of England stands pat on rates
• Euro turns up as Greek bailout talk drags
• Dollar trims gains but remains broadly supported
• Rand backtracks on China rate cut

Categories: Market Commentary.


Attention Now Turns to Greece.

• General Election result continues to bolster pound.
• Greece in the spot light.
• Dollar retains support despite jobs data.
• Kiwi dollar heads for weekly drop as rate cuts weighed

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Categories: commodities.