Monthly Archives: March 2012

30.03.12

Financial Year End See’s Sterling Rally Versus the Dollar

Sterling trades over $1.60 handle versus the dollar. Greenback sold off against majors. Yen the winner: companies repatriate overseas earnngs before year end. Euro makes back over a cent versus buck as ECOFIN meetings begin. For more information see tool … Continue reading

Categories: Market Commentary.

29.03.12

US Economic Growth Figure Due Today – Recovery or Not?

Sterling retrieves against the dollar, recovering from worse economic data. Euro advances on Merkel’s encouragement of rising rescue funds. Dollar capped gains ahead of GDP figure due today. Yen trading higher as the investors favourite safe asset. For more information … Continue reading

Categories: Market Commentary.

28.03.12

Sterling Eyes $1.60 Level as Dollar Sell-Off Continues

Sterling touches 1.60 against dollar for first time in 4 months. Euro advances, but gains could be temporary. Dollar struggles on slow news day. Aussie, Kiwi fall as Asian Stocks drop. For more information see tool bar above, click ‘Market … Continue reading

Categories: Market Commentary.

27.03.12

Bernanke Speaks – Markets Jump

Bernanke signals QE may be on the way as dollar trades lower. Euro finds support as Germany says may increase debt crisis fund. Cable rallies to March high as risk returns. Global equities rally as risk returns to markets. For … Continue reading

Categories: Market Commentary.

26.03.12

Will the US Figures Leave the Markets Singing the Blues?

Sterling gains against broadly weaker dollar. Euro advances on prospect of combined rescue fund. Dollar turns bearish amid disppointing housing data. Aussie gains against yen on US outlook. For more information see tool bar above, click ‘Market Data’ then ‘Market … Continue reading

Categories: Market Commentary.

23.03.12

Weak Economic Data in UK Drags Down GBP/EUR

Sterling falters after weaker than expected UK economic data released. Dollar finds support after weaker Chinese and eurozone data posted. Global stock markets fall as Chinese PMI data see’s risk aversion return. New Zealand & Australian dollar fall as risk … Continue reading

Categories: Market Commentary.

22.03.12

Sterling Slips on BoE Minutes but Little Moved by Budget

Sterling slips on BoE minutes. Euro steady against dollar ahead of today’s session. Housing data lifts dollar. NZ growth slows more than forecast. For more infomration see tool bar above, click ‘Market Data then ‘Market Commentary’.

Categories: Market Commentary.

20.03.12

Markets brace for CPI data, BoE minutes, budget this week. Euro climbs to highest in more than a week against dollar. Dollar drops against majors in slow trading day. Aussie slides on concern China commodity demand slowing. For more information … Continue reading

Categories: Market Commentary.

19.03.12

UK Looks Ahead to Gorgeous George’s Big Wednesday Budget

Dollar gives up gains as global stock markets continue to eye ‘risk move’. Sterling holds above key 1.20 handle on euro, cable trades higher. UK Chancellor George Osborne to announce UK budget this Wednesday. Single currency remains under pressure versus … Continue reading

Categories: Market Commentary.

16.03.12

Markets Back ‘Big Buck’

Dollar still king as Big Buck romps home again at Cheltenham. Euro gives up gains as single currency remains under pressure. Sterling revisits 1.20 handle vs euro but cable remains weak. US equities rally as Dow closes at 4-year high. … Continue reading

Categories: Market Commentary.