Category Archives: Market Commentary

18.09.14

Pound steady as Scots vote.

• Positive economic data holds sterling steady • Draghi’s trillion-euro plan starts today • Dollar rallies on hawkish Fed projections • Rand snaps two-day gains

Categories: Market Commentary.

16.09.14

Dollar rises against pound ahead of Scottish vote.

• Pound ruled by Scotland speculation • Sluggish euro recovery hit by falling exports • Dollar gains as Fed begins meeting • Kiwi holds gains as dairy auction looms

Categories: Market Commentary.

15.09.14

Sterling faces important week with Scottish Referendum.

• Pound under pressure as referendum fears weigh • Draghi readies euro-zone for economic boost • Dollar gains on rate speculation • Rand weakens to 7-month low against dollar

Categories: Market Commentary.

12.09.14

Scottish Referendum Poll boosts Pound.

• Pound climbs as Scottish No vote ahead • Draghi says euro-zone rebound needs reform and stimulus • Dollar set for best week in 10 months • Kiwi plummets to seven month low ahead of GDP data

Categories: Market Commentary.

11.09.14

Reprieve for sterling, but will it last?

• Pound seesaws on Scotland poll • Obstacles loom for Draghi’s loans plan • Dollar gains against yen, euro on hawkish Fed expectations • Strong jobs data boosts Aussie dollar

Categories: Market Commentary.

10.09.14

Pound near the lowest since November

• Carney can’t escape housing as debt colors rates policy • Dollar touches strongest versus Yen in almost six years • Yellen’s dials defy truman plea for one-handed economist • Aussie falls after Confidence worsens, moving average breached

Categories: Market Commentary.

09.09.14

Sterling Steals Ugly Stick from Single Currency

• Dollar hits 6 year high versus Yen • Sterling smashed as $1.61 handle breached versus U.S. currency • Asian investors lead the way in dumping UK pound ahead of referendum • Euro remains vulnerable but ECB welcome weaker single … Continue reading

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Categories: Market Commentary.

08.09.14

Sterling tumbles as shock poll puts ‘Yes’ vote in the lead.

• Sterling at 10 month low on Union break fears • Draghi derails euro • Dollar range-bound in early trade • Kiwi dollar seen weakening as elections loom

05.09.14

Draghi Sends Euro Lower with Unexpected Interest Rate Cut

• Euro plummets to 13 month low versus dollar • Sterling rallies over 1 cent versus falling single currency • BoE leaves interest rates and QE unchanged • Dollar surges as policies diverge

Categories: Market Commentary.

04.09.14

ECB and BoE meetings in focus.

• Upbeat data fails to ease Sterling Scotland jitters; BoE expected to hold • Euro holds steady as ECB policy decision looms • Dollar gains as job gains boost Fed bets • Aussie dollar climbs as trade deficit narrows

Categories: Market Commentary.