Category Archives: Market Commentary

02.09.14

Dollar Rallies on Expectations of Expansion in US Manufacturing

• UK manufacturing data wipes the shine off sterling • Dollar hits a year high versus the single currency • Euro looks vulnerable ahead of key ECB meeting Thursday • Aussie dollar weakens as RBA keeps interest rates on hold … Continue reading

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Categories: Market Commentary.

01.09.14

Quiet start to the week expected as US closed for Labour day.

• Sterling makes first week of gains in 8 against dollar • German GDP shrinking signals fading powerhouse • Dollar steady, with investors on pause • Local data lifts resilient Australian dollar

Categories: Market Commentary.

29.08.14

Sterling Ends Week on a High as Economic Data Improves

UK consumer confidence and house price growth pushes pound higher Euro under pressure ahead of key eurozone inflation data Dollar holds ground as US economic data impresses Japanese yen rallies as tensions between Russia and Ukraine deteriorate

Categories: Market Commentary.

28.08.14

Report on ECB lifts euro.

• Euro makes headway against Sterling • Single currency rises on ECB’s report • Dollar slips ahead of US data • Swiss Franc strength revives talk of SNB intervention

Categories: Market Commentary.

27.08.14

Euro/Dollar Falls to 11-Month Low on ECB Outlook

• Pound approaching a five-month low pares rally too late for WPP • Hollande bids to quash cabinet mutiny with minister moves • Dollar Index reaches near seven month high • Putin says Ukraine talks positive; Political deal mulled

Categories: Market Commentary.

26.08.14

Euro Touches 11 Month Low

Dollar extends gains on policy split as S + P breaks 2,000 ECB President Mario Draghi’s Jackson Hole speech sends euro lower Japanese yen strengthens versus majors on safe haven buying Sterling returns to 13 day high vs euro after … Continue reading

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Categories: Market Commentary.

22.08.14

All Eyes on Speakers at Jackson Hole for Dollar Direction

Dollar dips slightly ahead of Fed speakers at Jackson Hole symposium Euro recovers some losses as dollar rally comes to halt Sterling’s shine dims on confused messages from BoE & UK economic data Gold near 2-month low before Yellen

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Categories: Market Commentary.

21.08.14

Dollar gains as investors pre-empt Yellen.

• Sterling rebounds after BoE minutes show rate decision split • Euro weakness set to continue • Dollar climbs to 11-month high against peers • Aussie slides on China PMI

Categories: Market Commentary.

20.08.14

Cable tests 1.66 level before BoE minutes

• Sterling falls to 4-month low after soft UK inflation data • Surge in Putin Patriotism Masks Pain of Sanctions • Dollar Rises to Nine-Month High as Goldman Bullish • Aussie Bucks Global Moving-Average Trend: Technical Analysis

Categories: Market Commentary.

19.08.14

Dollar Holds Gains as US Economic Data Supports Fed Rate Rise

Despite recent slide in GBP/USD, Barclay’s analysts call 1.71 by month end Kiwi dollar drops after fall in New Zealand output price data Analyst’s look to Economic Symposium in Wyoming which starts Thursday Euro holds biggest loss in 2 weeks … Continue reading

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Categories: Market Commentary.