Category Archives: Market Commentary


Fed Unlikely to Raise Rates in June

Sterling breaks 1.40 handle vs euro and stems losses vs dollar Euro jitters around Greek bailout send currency sliding Dollar mixed as Fed looks to later in year for rate hike Gold steady above $1,200 as June rate hike prospects … Continue reading

Categories: Market Commentary.


Dollar’s Back, but for how long?

• Sterling falls to session lows as UK inflation turns negative • Euro falls to 2-week lows as Coeure shows more bond buying • Dollar gains versus majors as treasuries climb before Fed Minutes • Kiwi drops to 1-week lows … Continue reading

Categories: Market Commentary.


Sterling falls against dollar as post election shine wears off.

• Investors focus on EU membership, spending cuts • Euro slips amid concern over Greece • Dollar flat against yen ahead of US, euro-zone data • Kiwi gains on higher inflation expectations, dairy auction looms

Categories: Market Commentary.


Sterling traders eye Inflation Report at 10:30

• Pound falls slightly vs Euro before Jobs Data, BOE Inflation Report • ECB extends lifeline to Greece; French GDP beats expectations • Dollar under pressure against euro ahead of fundamental data • Aussie gains despite weak wage-price data, China … Continue reading

Categories: Market Commentary.


BoE Keeps rates and monetary policy on hold.

• Bank of England stands pat on rates • Euro turns up as Greek bailout talk drags • Dollar trims gains but remains broadly supported • Rand backtracks on China rate cut

Categories: Market Commentary.


Sterling surges as Tories eye shock majority.

• Pound touches 1.55 and 1.38 against dollar and euro • Defiant Greece rehires public staff despite bailout talks • Dollar up against yen, euro ahead of jobs data • Kiwi dollar heads for weekly drop as rate cuts weighed

Categories: Market Commentary.


Euro Rallies as Athens Scrapes Together €200 million Interest Payment to IMF

UK services data impresses but General Election jitters see sterling slide Euro recovers but daunting €750 million Greek repayment due on 12th May Fed’s Yellen warns sharp rise in rates once Fed begins to tighten policy Gold drops before U.S. … Continue reading

Categories: Market Commentary.


Euro Holds Biggest Monthly Gain Since 2010

Sterling slides vs the dollar & euro as we edge closer to Election Single currency rebounds as bets unwind on euro weakness Analysts expect buck to rally once data shows recovery in tact German, French Italian markets closed for Labour … Continue reading

Categories: Market Commentary.


Sterling continues to gain, hits eight week high

• Euro at 3-week highs after disappointing U.S. data • Greenback under pressure ahead of Fed statement • USD/JPY unchanged, after Obama-Abe express confidence in TPP • Kiwi gains after trade data, attention focused on Fed meeting

Categories: Market Commentary.


Sterling hovers near 7 week highs.

• Eyes growth data and election data • Euro holds gains after rising on Greek hopes • Dollar remains soft • Aussie dollar higher ahead of Fed

Categories: Market Commentary.