Sterling Ends Week on a High as Economic Data Improves

UK consumer confidence and house price growth pushes pound higher
Euro under pressure ahead of key eurozone inflation data
Dollar holds ground as US economic data impresses
Japanese yen rallies as tensions between Russia and Ukraine deteriorate

Categories: Market Commentary.


Report on ECB lifts euro.

• Euro makes headway against Sterling
• Single currency rises on ECB’s report
• Dollar slips ahead of US data
• Swiss Franc strength revives talk of SNB intervention

Categories: Market Commentary.


Euro/Dollar Falls to 11-Month Low on ECB Outlook

• Pound approaching a five-month low pares rally too late for WPP
• Hollande bids to quash cabinet mutiny with minister moves
• Dollar Index reaches near seven month high
• Putin says Ukraine talks positive; Political deal mulled

Categories: Market Commentary.


Euro Touches 11 Month Low

Dollar extends gains on policy split as S + P breaks 2,000
ECB President Mario Draghi’s Jackson Hole speech sends euro lower
Japanese yen strengthens versus majors on safe haven buying
Sterling returns to 13 day high vs euro after Draghi speech

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All Eyes on Speakers at Jackson Hole for Dollar Direction

Dollar dips slightly ahead of Fed speakers at Jackson Hole symposium
Euro recovers some losses as dollar rally comes to halt
Sterling’s shine dims on confused messages from BoE & UK economic data
Gold near 2-month low before Yellen

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Categories: Market Commentary.


Dollar gains as investors pre-empt Yellen.

• Sterling rebounds after BoE minutes show rate decision split
• Euro weakness set to continue
• Dollar climbs to 11-month high against peers
• Aussie slides on China PMI

Categories: Market Commentary.


Cable tests 1.66 level before BoE minutes

• Sterling falls to 4-month low after soft UK inflation data
• Surge in Putin Patriotism Masks Pain of Sanctions
• Dollar Rises to Nine-Month High as Goldman Bullish
• Aussie Bucks Global Moving-Average Trend: Technical Analysis

Categories: Market Commentary.


Dollar Holds Gains as US Economic Data Supports Fed Rate Rise

Despite recent slide in GBP/USD, Barclay’s analysts call 1.71 by month end
Kiwi dollar drops after fall in New Zealand output price data
Analyst’s look to Economic Symposium in Wyoming which starts Thursday
Euro holds biggest loss in 2 weeks ahead of key manufacturing data

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Categories: Market Commentary.


Dollar under pressure as markets eye Jackson hole.

• Sterling starts the week on front foot
• Eurozone fears damage from Russian sanctions
• Dollar sags ahead of Jackson Hole forum
• Australian dollar waits for RBA for signals

Categories: Market Commentary.


Euro Under Pressure – France & Germany Post Weak GDP Figures

Sterling trades sideways versus dollar and euro
Dollar remains bid – Fed’s Bullard points to earlier than expected rate rise
Germany posts drop in GDP as France follows up with negative growth
Yen weakens against major peers on reduced haven demand

Categories: Market Commentary.