Category Archives: Market Commentary

26.03.15

U.S. Economic Data Weakens Dollar

Sterling makes back ground over U.S. dollar Euro breaks $1.10 handle vs greenback on strong German GfK data Dollar slides on weak US durable goods orders Oil soars 6% on Yemen bombing as WTI breaks $52

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Categories: Market Commentary.

24.03.15

Sterling shows weakness ahead of PMI and inflation data.

• Pound outlook dominated by inflation, BoE chit-chat • Euro down against dollar after staging rally • Dollar edges higher on Fed official’s comments • Rand rides on euro gains versus dollar

Categories: Market Commentary.

19.03.15

Fed Puts Interest Rate Hikes in Play

Huge swings in cable as GBP/USD moves three cents overnight Euro/dollar volatility after Fed statement Dollar sold off after Fed removes key word ‘patient’ from statement Kiwi $ rallies – data shows economy expands as fastest pace since 2007

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Categories: Market Commentary.

18.03.15

Pound Weakens on Concern U.K. Election Will Produce No Majority

• British elections are the biggest threat to the U.K. recovery – Bloomberg • All eyes on the FOMC today – USD/JPY might see 125 over a 3-m view • Fitch maintains Australia’s AAA/Stable rating; AUD/USD trades below 0.76

Categories: Market Commentary.

17.03.15

Sterling steady against euro despite election fears.

• Markets seem unconcerned about the outcome of the general election • Euro rebounds from 12-year low, Fed in Focus • Dollar flat against yen, euro ahead of FOMC • Aussie dollar edges lower on rate speculation

Categories: Market Commentary.

12.03.15

Euro Extends Losses Across the Board

GBP/EUR at highest rate since Nov 2007 as euros value plummets Fresh 12 year lows seen in EUR/USD as investors dump the single unit No end in sight for rallying US dollar NZ Dollar rallies on RBNZ rate pause announcement

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Categories: Market Commentary.

11.03.15

Euro/Dollar, How Low Can You Go?

• U.K. locks in record yields for 53 years as BoE Outlook shifts • Euro hits new 12 year low; stocks rebound on ECB Stimulus Optimism • Strongest $ in12 yrs sinks stocks while oil slips; USDCHF climbs to parity … Continue reading

Categories: Market Commentary.

10.03.15

Sterling hits seven-year high against euro.

• Pound nears 1.40 level, strongest since 2007 • Euro slips to lowest since 2003 against dollar • Dollar rally continues • Yen retreats on signs of slowing growth in Japan

Categories: 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.