Category Archives: Market Commentary


Pound to Dollar Downtrend Forecast to Continue

• U.K. House-Price Growth Cools to Weakest in Almost a Year • Euro eyes inflation data, Swiss franc watches “gold” vote • Dollar firms as oil plunges hit commodity currencies • Abe Tested by Weak Retail Sales as Japan Election … Continue reading

Categories: Market Commentary.


Sterling weak but steady after BoE testimony.

• Carney fails to shift consensus view on rate rise • Euro advances as Germany avoids recession • Dollar eases in range-bound trade ahead of US holiday • Aussie near 4-year low, expected to weaken further

Categories: Market Commentary.


Muttering Mario Sends Dollar Traders Delirious

• Pound lower against the greenback • Mario’s jittery finger is on the trigger • Traders see the US dollar as a one-way bet • People’s Bank of China cuts rates

Categories: Market Commentary.


There’s Still Moonlight and Music for the US dollar

• Sterling unloved • PMI data unsettles the euro • US dollar still the A-Lister • Oil traders ponder OPEC’s next move

Categories: Market Commentary.


Pound firms vs US dollar

• Sterling hikes after two policymakers vote again for rate increase • Dollar, Euro pushes up to fresh high against Japanese Yen • Fed debate shifts to tightening pace after first rate increase • Krone-Oil ties show cracks as Norway … Continue reading

Categories: Market Commentary.


Euro Suffers as Draghi Comments on Bond Purchases

Sterling benefits from fall in single currency but long term view looks grim Euro falls most in 1 week-Draghi says ECB ready to buy government bonds Dollar posts gains on euro and remains near 7-year high vs yen Yen falls … Continue reading

Categories: Market Commentary.


Dollar surges after retail sales beat expectations.

• Sterling hits 14-month low against dollar • Euro zone economy deteriorating: Survey • Retail sales up 0.3% in October, versus expected 0.2% • Yen falls to 7-year low on stimulus speculation

Categories: Market Commentary.


It’s all about the Benjamins.

• Bearish tone continues to prevail around the pound • Euro still under pressure but just keeps head above water • Dollar the only game in town • Traders experience a wild ride with the Rouble

Categories: Market Commentary.


Pound hits 14 month low after dovish BoE report.

• BoE sees inflation below one percent, slower rate rises • Euro zone industrial output point to weak Q3 growth • Dollar resumes rise against yen • Yen drops on Abe poll speculation

Categories: Market Commentary.


Sterling inches higher ahead of key figures

• UK wage data and Inflation Report set to move markets • Dollar index close to 4-year high on positive economic outlook • Gold holds gains; investors wary of rallies as dollar firms • Banks to Pay $3.4 Billion in FX-Manipulation … Continue reading

Categories: Market Commentary.