Category Archives: Market Commentary

05.03.15

ECB, BoE expected to keep rates unchanged.

• Pound falls against dollar for fourth day before BoE • Euro hovers near 11-year low against dollar • Dollar in the stratosphere as euro splutters • Kiwi dollar drops after RBNZ looks at new home loan restrictions

Categories: Market Commentary.

04.03.15

Sterling inches higher against euro after construction report

U.K. Bonds Yield most vs Italy’s since 2007 before ECB QE Euro under pressure, to hit 12 year low of 1.1098 against dollar Dollar steady against euro, yen before U.S. labour market data Aussie gains after Q4 GDP meets expectations, … Continue reading

Categories: Market Commentary.

03.03.15

Euro Stops Rot After Better than Expected Economic Data

Sterling struggles despite strong manufacturing PMI numbers Eurozone CPI, Unemployment rate improves and German data impresses Aussie dollar surges after RBA keep interest rates unchanged at 2.25% Swiss franc retreats on SNB intervention speculation

Categories: Market Commentary.

27.02.15

Sterling scales 7-year high against struggling euro.

• Pound above 1.37 against single currency • Euro plunges to new 11-year low against dollar • Dollar pauses after hitting overnight highs • Aussie falls as US data surprises

Categories: Market Commentary.

26.02.15

Sterling Hits Highest Levels vs Euro Last Seen in 2007

Gains for the pound continue against majors with cable high of 2015 Mixed session for euro – single unit struggles vs pound, rallies vs buck Gold puts Yellen in rear view mirror and moves higher Oil heads south amid steadily … Continue reading

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Categories: Market Commentary.

25.02.15

GBP/USD hits 1.55 hurdle

• Carney Vows to Return Inflation to 2% in ‘Reasonable’ Time • Euro firms up after euro zone approves Greece bailout extension • Dollar trims gains after downbeat U.S. data, Yellen comments • Kiwi rises against broadly weaker greenback; AUD/USD … Continue reading

Categories: Market Commentary.

24.02.15

Greece Scrambles to Keep Deal Alive

Sterling soars against majors Euro slides as Greece delays sending reforms to eurozone till today Fed’s Yellen could send U.S. dollar higher Oil prices continue to fall, pushing Brent under $60 a barrel

Categories: Market Commentary.

23.02.15

Greece bailout: Deadline looms for crucial reforms.

• Focus reverts to BoE rate hike speculation • Euro steady ahead of Greece bailout deal • Dollar flat ahead of Fed Yellen testimony • Kiwi slide set to continue

Categories: Market Commentary.

20.02.15

Sterling hits new 7-year high against euro.

• Follows hints of interest rate hike • Euro under pressure on Greek jitters • Dollar firms on upbeat data • Aussie dollar slightly lower in late trade

Categories: Market Commentary.

19.02.15

Minutes Show Fed Treading Carefully to Rate Hike

Impressive UK jobs data sends sterling higher Euro stands firm as ECB approves loan request from Greece’s central bank Dollar trades sideways after non-event fed meeting minutes released Gold gains 1% on Fed minutes

Categories: Market Commentary.