Category Archives: Market Commentary

22.01.15

All Eyes on ECB’s Decision on QE Bazooka

Sterling slides as MPC members all vote against interest rate rise Sources report ECB to unleash huge QE injection of €500 Billion Dollar comes close to 11 year high versus single currency Loonie gives up nearly 3% vs pound as … Continue reading

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Categories: Market Commentary.

21.01.15

BoE to kick off “Crucial Central Bank Week” at 9.30am

• GBP/USD rises off multi-month lows in quiet trade. • Euro remains lower, close to 11-year-low level vs dollar. • Dollar remains at multi-year highs after IMF growth forecast. • Kiwi Consumer Prices fall for first time since 2012; BoJ … Continue reading

Categories: Market Commentary.

19.01.15

Sterling strongest against euro since early 2008.

• Pound gains as ECB weighs stimulus • Euro weakens on ECB meeting eyed • Dollar has steady start to the week • Yen gains as Chinese stocks rout spurs haven bid

Categories: Market Commentary.

16.01.15

SNB’s Surprise Scrapping of Euro Cap Triggers Turmoil in Currencies

Sterling hits highest level vs euro since 2008 Euro falls over 15% vs Swiss franc after SNB move Dollar remains currency of choice as safe haven buck remains king. Swiss franc posts massive gains against all major currencies

Categories: Market Commentary.

13.01.15

UK Inflation set to fall further after reaching 12-year low.

• Bank chief Mark Carney must explain inflation fall • Euro dips as market eyes possible ECB stimulus • Dollar slips to 1-month low against yen • Kiwi dollar buoyed by upbeat Chinese data

Categories: Market Commentary.

08.01.15

Pound unlikely to find fuel in BoE rate decision.

• Bank of England set to hold rates, QE • Greek crisis jolts QE as ECB ponders deflation • Fed wont raise rates before April • Yen falls for second day as stocks gain

Categories: Market Commentary.

07.01.15

Common Currency Likely to Remain Under Pressure

All eyes are on euro, but sterling is beating it hands-down in ugly stakes Dollar builds on recent gains as volatility index spikes Yen declines from three week high Price for Brent Crude oil falls below $50/barrel for 1st time … Continue reading

Categories: Market Commentary.

06.01.15

Sterling stumbles as dollar moves higher.

• Pound falls to 17-month low as construction growth slows • Euro tumbles to 9-year low as ECB prepares to print money • Dollar strengthened by safe haven flows • Yen set for biggest 2-day gain in three weeks

Categories: Market Commentary.

02.01.15

Dollar Extends Advance into 2015

Sterling takes advantage of falling euro to hit 6 year high Single currency hits four year low vs dollar Dollar strengthens following its best year since 2005 WTI oil rises $1 to $54.22 per barrel

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Categories: Market Commentary.

18.12.14

Dollar gauge at five-year high after Fed meeting.

• Sterling climbs against euro after UK data • ECB to publish accounts of monetary policy discussions from January • Fed vows patience on rates • SNB starts negative interest rate of 0.25%

Categories: Market Commentary.