Category Archives: Market Commentary

30.09.14

Dollar set to end September with solid gains.

• Pound shrugs off weaker mortgage approvals • Challenging times ahead for euro • Dollar Index 3 percent higher for the month • Rand struggles at fresh 8-month low

Categories: Market Commentary.

29.09.14

Sterling gains against euro as BoE/ECB paths diverge.

• Monetary policy in UK and euro zone headed in opposite directions • Draghi devaluing euro as inflation seen fading • Dollar hits highs against euro • Kiwi plunges 2% on RBNZ sale

Categories: Market Commentary.

26.09.14

Pound, dollar set to outperform rivals.

• Sterling eyes 2008 highs against euro • Euro at two-year low as central banks diverge • Dollar holds near 4-year highs • NZ dollar heads for 2.8% slide

Categories: Market Commentary.

25.09.14

Euro hits fresh 14-month low on Draghi comments.

• Sterling hovers near 2-year high against euro • Speculation Draghi will add further monetary stimulus • Dollar jumps on upbeat US housing data • Aussie dollar follows NZ currency lower

Categories: Market Commentary.

24.09.14

Sterling steady as focus turns to UK fundamentals

• U.K. SFO said poised to seek more money for FX, Libor probes • Putin freeze eases after nine bond auction cancellations • Dollar rally pauses after Dudley’s “stronger currency may hurt growth” • Kiwi dollar joins Japanese Yen gaining … Continue reading

Categories: Market Commentary.

22.09.14

Pound gains as focus turns to improving economy.

• All eyes turn back to UK data • Draghi effect subsides as pressure builds • Dollar softens as investors take profits • Kiwi dollar gains after election result

Categories: Market Commentary.

18.09.14

Pound steady as Scots vote.

• Positive economic data holds sterling steady • Draghi’s trillion-euro plan starts today • Dollar rallies on hawkish Fed projections • Rand snaps two-day gains

Categories: Market Commentary.

16.09.14

Dollar rises against pound ahead of Scottish vote.

• Pound ruled by Scotland speculation • Sluggish euro recovery hit by falling exports • Dollar gains as Fed begins meeting • Kiwi holds gains as dairy auction looms

Categories: Market Commentary.

15.09.14

Sterling faces important week with Scottish Referendum.

• Pound under pressure as referendum fears weigh • Draghi readies euro-zone for economic boost • Dollar gains on rate speculation • Rand weakens to 7-month low against dollar

Categories: Market Commentary.

12.09.14

Scottish Referendum Poll boosts Pound.

• Pound climbs as Scottish No vote ahead • Draghi says euro-zone rebound needs reform and stimulus • Dollar set for best week in 10 months • Kiwi plummets to seven month low ahead of GDP data

Categories: Market Commentary.