Category Archives: Market Commentary

04.08.15

Sterling strength gives BoE rate-setters a headache.

• Pound strength causing disagreement among policymakers • Euro under pressure after Greek market plunge • Dollar ticks up • Aussie dollar soars as RBS drops call for depreciation

Categories: Market Commentary.

30.07.15

Dollar Rises vs Majors After FOMC

Sterling continues to rise versus euro but cable falters Euro remains offered as Athens deal will take time to agree aid package US currency pushed higher by slightly hawkish FOMC statement Gold dips as September’s rate-hike possibility in the game

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Categories: Market Commentary.

29.07.15

GBP edges higher against U.S. Dollar after U.K. GDP report

• U.K. companies spooked by Euro Crisis diversify trade, poll says • EUR/USD falls mildly as traders focus on Fed meeting, fresh Greek talks • Dollar pares gains after Confidence Report and keeps strong before FOMC • NZD/USD rises to … Continue reading

Categories: Market Commentary.

28.07.15

Sterling slips to two-week low against resurgent euro.

• Pound continues its 10-day decline against euro • Euro gets boost from euro-zone growth data • Dollar rises ahead of Fed meeting • NZ Dollar gains as Beijing tries to support stocks

Categories: Market Commentary.

23.07.15

Sterling see-saws after BoE minutes.

• BoE Minutes fail to take the shine off sterling • Greece approves EU demands in order to keep euro • Dollar crawls off lows • Kiwi rallies after rate cut

Categories: Market Commentary.

22.07.15

Euro Stages Comeback Against Majors

BoE Governor comments confuse market as sterling slides S + P upgrades Greece as single currency recovers losses Weakness in US stocks, rebound in Treasury’s see’s dollar lower Aussie dollar under pressure as RBA’s Stevens says rate cut on table

Categories: Market Commentary.

21.07.15

UK Rate hike bets keep Sterling close to 7-1/2 year highs.

• Sterling stronger on BoE comments • Economists warn that Grexit will be back on the agenda next year • Dollar rises broadly on Fed Bullard’s rate hike comments • Kiwi dollar gains as RBA notes show easing bias

Categories: Market Commentary.

10.07.15

Sterling inches up from lows after budget.

• Robust hosuing data also helps pound • Greece draws up proposal in last ditch effort to keep euro • Dollar remians broadly higher as Greek deadline looms • Kiwi heads for weekly gain

Categories: Market Commentary.

08.07.15

Super Sunday it is! Greece has Final Final Deadline Set – Honestly

Sterling weakness seen as UK looks ahead to Annual Budget Release Euro halts slide as E/Zone sets Sunday deadline for Greece financing deal US dollar rises to fresh 1-month highs amid Greece worries China trading halts leave 45% of entire … Continue reading

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Categories: Market Commentary.

07.07.15

Greece faces last chance to stay as cash runs out.

• Pound edges up against euro • Fitch: Greece referendum tips balance further towards euro exit • Dollar tad higher ahead of Greece summit • RBA Leaves cash rate at 2.0%

Categories: Market Commentary.