Category Archives: Market Commentary


GBP outperforms on BoE minutes

• Euro edges lower against the dollar ahead of euro zone PMIs • Dollar halts two-day gain as Greek access to cash damps demand • Gold future slump most in six weeks as US Home Sale jump • Emerging stock … Continue reading

Categories: Market Commentary.


GBP/EUR Holds Two-Day Gain Before BoE

• Euro edges higher in quiet trade against US Dollar • Dollar turns mixed as Single Currency inches up • Aussie jumps after CPI meets expectations, yen flat after trade • New Zealand dollar edges higher as greenback weakens

Categories: Market Commentary.


Markets brace for Athens default.

• Sterling rises against euro on Greek worries • Zew readings seen rising on weaker euro • Dollar firmer as euro under pressure • Aussie lower after RBA minutes

Categories: Market Commentary.


Sterling pound tests its one month high

• U.K. retail sales shows waning appetite for linkers amid zero inflation • European stocks extend weekly drop amid Greece as Syngenta falls • Dollar rally evaporates as U.S. data undermine Rate-Rise Bets • NZD edges higher after manufacturing data; … Continue reading

Categories: Market Commentary.


Dollar Falls on Weaker Retail Sales Figures

Sterling gains over 1 cent on the dollar after US data Euro looks vulnerable ahead of ECB’s monetary policy decision Greenback slides against major rivals after U.S. retail sales miss estimates China’s weak Q1 GDP growth provokes calls for stimulus

Categories: Market Commentary.


Pound hits 5-year low against the dollar.

• Sterling remains under pressure after disappointing data • Euro under continued pressure as Greek farce continues • Expectations of rate hike strengthen dollar • Kiwi dollar tumbles after weak Chinese data

Categories: Market Commentary.


Pound Volatility Surges Before Election

U.K. Trade Deficit hits 7-month high as sales to U.S. slump EUR/USD trades near 3-week lows; Europe Stocks climbs Dollar pushes broadly higher as U.S. data supports Aussie holds early gains as consumer prices in China edge up

Categories: Market Commentary.


Dollar firms on Fed minutes.

• Bank of England sees mortgage demand accelerating • Euro declines on Greece concerns • Fed minutes reveal divergence on first rate hike • Rand gains in risk-on trade

Categories: Market Commentary.


Greece’s pledge to meet IMF payment due date boosts euro.

• Pound at risk of decline given political uncertainty • Greece moves to quell default fears • Dollar edges higher • Aussie dollar jumps as rates are held

Categories: Market Commentary.


US Currency Slides Against Majors

Sterling Rallies versus weakening dollar European stocks pare decline as banks, commodity shares advance Dollar sold off across boards, suffers from weak jobs data Odds of rate cut by RBA remain high as Aussie dollar falls

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Categories: Market Commentary.