Monthly Archives: June 2011

30.06.11

Market Commentary

Papandreou wins budget vote. Euro climbs to three week high versus dollar. Sterling continues to thread water. New Zealand dollar gains on higher business confidence. For further information please click ” Market Data ” and then ” Market Commentary “

Categories: Market Commentary.

29.06.11

Austerity Vote

The Greek government has passed the austerity vote. All eyes are now on the implementation vote tomorrow.

Categories: currency, eurozone.

29.06.11

Market Commentary

Greek parliament vote on new austerity measures. US dollar to fall further as (if) Greece passes measures. Sterling to look past mortgage approvals, focus on risk appetite. For further information please click ‘ Market Data ‘ and then ‘ Market … Continue reading

Categories: Market Commentary.

28.06.11

Market Commentary

Sterling falls against the Euro. Consumer confidence to threaten US dollar rally. Proposed debt rollover deal gives euro strength. Better retail trade data restores confidence in Japan. For further information please click ” Market Data ” and then ” Market … Continue reading

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Categories: Market Commentary.

27.06.11

Market Commentary

Bank of England urged to raise rates. Greek reforms may be hard to deliver. NZ trade balance falls unexpectedly, fuels NZd selling. For further information please click ” Market Data ” and then ” Market Commentary ”

Categories: commodities.

24.06.11

Market Commentary

Dollar briefly hits a month high before risk led correction. Euro recovers lost ground on greece news. Sterling hits a three month low aganst the Dollar. Gold slides below 50-day average for the first time since February. For further information … Continue reading

Categories: commodities.

23.06.11

Market Commentary

Sterling falls after BOE minutes. QE return is on the cards. Germanys merkel sounds new alarm on Greek bailout. Dovish Bernanke weighs on risk. For furtther information please click on ‘ Market Data ‘ and then ‘ Market Commentary ‘

Categories: Market Commentary.

22.06.11

Markets watching for Fed rate decision

Fianacial markets reaction to the Fed interest rate decision will shed light on how to interpret and forecast US Dollar price action in the weeks ahead.

Categories: commodities.

22.06.11

Sterling under pressure in Morning Session

Sterling has started todays session losing ground against both the Euro and Dollar as the minutes from the MPC came in as expected.

Categories: commodities.

22.06.11

Market Commentary

Papandreou wins confidence vote. Markets remain relatively calm after vote. All eyes on Bank of England minutes. Dollar remains vunerable ahead of Fed rate decision. For further information please click on ‘ Market Data ‘ and then ‘ Market Commentary … Continue reading

Categories: Market Commentary.