Monthly Archives: December 2011

22.12.11

Sterling consolidates against weak euro

Sterling gains versus fragile euro. Euro declines before debt auctions. Dollar near 11 month high against euro. New Zealand’s rugby boost may fade on holding rates. For more information see tool bar above, click ‘Market data’ then ‘Market Commentary’.

Categories: Market Commentary.

21.12.11

ECB loans to ease the crunch?

Sterling climbs on safe haven appeal European banks may flock to ECB’s ‘Free Money’ Dollar tumbles as risk takes off on low volume Aussie,Kiwi rise as stocks gain before ECB loan results

Categories: commodities.

20.12.11

Euro creeps lower on Europe funding fears

Sterling approaches 10 month high against euro Euro slides before Spain debt sale Housing continues to weigh on GDP Canadian dollar fluctuates as crude oil reverses earlier gains

Categories: commodities.

19.12.11

Dollar gains on rerport of Kim Jong -il Death

Sterling steady but risks selling Euro in crisis as losses seen for 2012 Dollar gains as death of Kim Jong-il boosts safe haven Aussie,Kiwi weaken before RBA minutes,Kim’s death

Categories: commodities.

16.12.11

Sterling near 10 month high against the Euro

Euro zone faces winter recession, Ernst and Young says Dollar slips as US economy gains momentum Aussie and Kiwi rise as US data improves

Categories: commodities.

15.12.11

Eurozone gloom hangs over markets

Sterling near 10 month high against Euro Euro falls below $1.30 AS Italian finance costs rise US gains as risk of sell-off continues Canadian dollar falls to to lowest in two weeks

Categories: commodities.

13.12.11

Mood Darkens Over EU Plan To Fix Debt Crisis.

Sterling soars against an under-fire single currency to hit 10 month high. Financial Markets turn on euro after EU Summit. Dollar makes gains as safe haven currencies perform well. Commodity currencies are shunned as safe haven buying continues. Credit rating … Continue reading

Categories: Market Commentary.

12.12.11

Sterling Hits 10 Month High Versus The Euro

The pound has performed well in today’s morning trading session and has now put on over a cent versus the single currency. The euro has not come out of the EU summit looking too clever, which took place at the … Continue reading

Categories: eurozone, forex, fx, sterling.

12.12.11

EU Summit May Not Calm Investors For Too Long.

Sterling outlook uncertain as risk sentiment fragile. EU Summit may not calm investors for long. Dollar advances before German investor confidence data. Australian dollar up as EU presses toward a deal. For more information see tool bar above, click ‘Market … Continue reading

Categories: Market Commentary.

09.12.11

New Scapegoat Tops French Santa List.

Cameron Declines to bow to Merkozy Threats. ECB cuts interest rates by 25 basis points. Draghi bombshell of no more bond buying sends single currency lower. BoE keeps UK interest rates on hold, sterling stands firm. Currency markets to remain … Continue reading

Categories: Market Commentary.