Category Archives: Market Commentary

16.12.14

Sterling slips as investors bet Fed to hike rates before BoE.

• Data also shows UK house prices post biggest monthly fall on record • Euro-zone fails to rebalance and cut debts • Dollar up against euro ahead of Fed • Rouble up 9 percent as central bank raises rates

Categories: Market Commentary.

11.12.14

Sterling inches lower against euro after Carney comments.

• BoE’s Carney says rates will rise despite inflation dip • Euro-zone banks seen having €1.28 trillion for building loans • Dollar weakens on Dow and oil price decline • Yen post biggest three day gain in 18 months

Categories: Market Commentary.

09.12.14

U.S. Dollar Slips Versus Majors as Investors Book Profits

Sterling mixed as cable rallies but GBP/EUR slips Euro recovers slightly but prospect of QE early next year remains Dollar sheds 1.5% vs Yen, 1% vs Euro and 0.8% vs sterling Safe haven buying pushes yen higher against U.S currency

Categories: Market Commentary.

08.12.14

BoE looks beyond rate guidance in bank stress test.

• BOE Comfortable with household’s ability to weather rate rise • Germans resist ECB money-printing move, but Draghi gets key support • Dollar gauge at 5-year high • China’s yuan declines on slowest export growth in seven months

Categories: Market Commentary.

05.12.14

U.S. Dollar Gaines for 7th Week Ahead of Key Jobs Report

BoE leaves interest rates unchanged at 0.5% as expected Euro recovers after rivalries appear in ECB with regards to QE Greenback gained at least 3.8% versus all 16 major peers in last 3 months Asian currencies head for 6th weekly … Continue reading

Categories: Market Commentary.

04.12.14

Euro Hits Two Year Low Against Greenback.

• Markets react favourably to UK Autumn Statement • Euro hits 2 year low as all eyes are on the ECB • Dollar is the King • Further pain for Russia

Categories: Market Commentary.

04.12.14

Euro Hits Two Year Low Against Greenback.

• Markets react favourably to UK Autumn Statement • Euro hits 2 year low as all eyes are on the ECB • Dollar is the King • Further pain for Russia

Categories: Market Commentary.

03.12.14

Sterling edges down as construction activity slows.

• UK Construction sector expands at slowest pace in 13 months • Euro weakens ahead of ECB policy meeting • Dollar edges to fresh 7-year yen high • Australian dollar falls to 4-year low

Categories: Market Commentary.

02.12.14

Sterling Posts Gains Ahead of Autumn Statement Due Tomorrow

Sterling gains courtesy of better than expected manufacturing data Aussie dollar rallies after RBA keeps interest rates on hold at 2.5% Rouble suffers worst intraday fall since 1998 Russian financial crisis Investors sell commodity currencies as oil looks set to … Continue reading

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Categories: Market Commentary.

01.12.14

Pound plummets to new 14-month low ahead of BoE review and autumn forecast.

• Pound slides to a new multi-month low against the dollar • Draghi’s dovish tones lift euro • Dollar gains as oil slumps to 5-year low • SNB pledges steps to supplement Cap ‘immediately’ if warranted

Categories: Market Commentary.