Monthly Archives: November 2011

30.11.11

Will EcoFin meeting pull out a white rabbit?

Sterling firm as budget reinforces safe-haven status Focus shifts towards Ecofin meeting USD slips slightly but could push higher Aussie,Kiwi dollars touch week high as European bailout fund spurs demand

Categories: commodities.

29.11.11

‘Fenton Fenton’ We Reveal Chancellor Sensation!

Austerity chasing ‘Osborne’ was seen today herding as much savings and tightening of the money belt as possible in his Autumn Forecast Statement revealed today. Millions of people have watched net footage of the Tory ‘Top Dog’ trying to squeeze … Continue reading

29.11.11

Gorgeous George’s Big Day!

Sterling up after risk rally. George Osborne to announce Autumn Statement. Eurozone Finance ministers to discuss bailout fund. Home prices in 20 US cities probably fell at a slower rate in September. Fitch upgrades Australia to AAA. For more information … Continue reading

Categories: Market Commentary.

28.11.11

Euro Debt Crisis Continues To Dominate Financial Markets.

Sterling remains under pressure as BCC cuts forecast for growth. S + P downgrade Belgium to AA. Euro remains under pressure on comments by Moody’s re:debt crisis. New Zealand dollar gains on key election victory. For more infiormation see tool … Continue reading

Categories: Market Commentary.

25.11.11

Euro Debt Crisis Targets ‘Core’ Of Europe As Investors Run For Safety Of The Dollar.

Sterling hits 7 week low versus the dollar. Risk appetite disappears as global markets shudder on E/Zone debt crisis. Dollar makes huge gains on pound and euro as investors run for safety. Single currency still on back foot with no … Continue reading

Categories: Market Commentary.

24.11.11

All Aboad USS Greenback As Risk Aversion Sets Sail.

Weak demand for German bonds rocks markets to send euro lower. Euro takes hammering in currency markets on weak economic data. Dollar trades near 7 week high vs euro on safe haven demand. Cable lower on safe haven play but … Continue reading

Categories: Market Commentary.

23.11.11

Euro continues to slide on weak demand after German debt auction

The euro continued its slide versus the majors as weak demand was seen in this mornings German debt auction.

Categories: currency, economics, eurozone.

23.11.11

Euro Under Pressure as E/Zone Industrial orders Plummet!

The pound and dollar made decent gains against an under fire single currency this morning as the euro came under huge pressure following weaker than expected economic data in the form of E/Zone industrial orders.

23.11.11

Dollar Continues To Be Favoured.

Sterling falls to 6 week low against dollar on fragile sentiment. Euro weakens amid signs debt crisis is weighing on growth. Dollar continues to be favoured. Aussie and Kiwi drop on Europe concerns. For more information see tool bar above, … Continue reading

Categories: Market Commentary.

22.11.11

Markets Turn To Dollar Safety.

Sterling hits 6-week low against dollar on risk aversion. Euro to drop as investors cease repatriating funds. Foreign bank deposits at Fed double. Canada’s dollar falls to six week low as US deficit saps risk. For more information see tool … Continue reading

Categories: Market Commentary.