Monthly Archives: May 2012

31.05.12

Debt Baton Handed to Spain as Euro Falls Again

Spanish 10-year bonds jump over 6.7 percent as euro falls. Risk on mode sends dollar higher versus majors. Sterling falls on euro debt fears. Ireland holds referendum on EU treaty. For more information see tool bar above, click ‘Market Data’ … Continue reading

Categories: Market Commentary.

29.05.12

Spain and Italy Combine with a Double Jab to the Euro

Sterling claws back losses versus dollar. Euro set for biggest decline since September. Spain’s Bankia shares continue free-fall. Risk sentiment improves slightly to see dollar off highs. For more information see tool bar above, click ‘Market Commentary and then ‘Market … Continue reading

Categories: Market Commentary.

24.05.12

Greece, Eurozone a Worry for World Markets

Sterling falls on broad demand for dollar. Euro hits fresh lows on Greece worries. Risk aversion leads to dollar gains. Aussie, Kiwi rally from 2012 lows. For more information see tool bar above, click ‘Market Data’ then ‘Market Commentary’.

Categories: Market Commentary.

23.05.12

US Dollar Reaches 20-Month High on European Concerns

UK inflation registers at two-year low and drags Sterling down Single currency aimed at $1.26 ahead of EU leaders meeting US Dollar be traded at new high against counterparts

Categories: Market Commentary.

22.05.12

Euro Gets Respite, But Stays Under Pressure

Sterling holds firm as euro recovery short lived. Single currency under pressure on euro zone uncertainties. Risk aversion boosts dollar. Rand gains on speculation China stimulus to boost Gold. For more information see tool bar above, click ‘Market Data’ then … Continue reading

Categories: Market Commentary.

21.05.12

Are we Seeing a Dead Cat Bounce in the Euro?

Euro stems losses versus majors but for how long? Speculation China may input stimulus sparks rise in risk appetite. Sterling still suffering at the prospect of more QE. G8 leaders back Greece to remain in eurozone. For more information see … Continue reading

Categories: Market Commentary.

18.05.12

The Pain in Spain – Euro Tanks Again

Euro takes hit again as Moody’s downgrades Greece. Spanish Banks downgraded as run on Bankia denied by government. US currency continues to rally versus majors on safe haven move. G8 meetings to focus on eurozone debt crisis.

Categories: Market Commentary.

17.05.12

Sterling Falls after BoE Report Raises Talk of More QE

Sterling slips after BoE adds to QE speculation. Draghi talks of Greek exit. US Manufacturing to give market direction today. Aussie, Kiwi dollars rise on bets recent losses excessive. For more information see tool bar above, click ‘Market Data’ then … Continue reading

Categories: Market Commentary.

16.05.12

Sterling Gains Most against Euro since Financial Crisis

Sterling near 1.2600 against Euro. Greek concerns continuously drag Euro to new low. US dollar advances ahead of Fed FOMC minutes.

Categories: Market Commentary.

14.05.12

Euro Suffers on Greek Turmoil

Euro see’s heavy selling pressure on Greek government woes. Dollar breaks through $1.29 handle versus euro on safe haven move. Pound looking well supported against single currency. South African currency falls on safe haven move in currency markets. For more … Continue reading

Categories: Market Commentary.