Category Archives: Market Commentary

19.08.14

Dollar Holds Gains as US Economic Data Supports Fed Rate Rise

Despite recent slide in GBP/USD, Barclay’s analysts call 1.71 by month end Kiwi dollar drops after fall in New Zealand output price data Analyst’s look to Economic Symposium in Wyoming which starts Thursday Euro holds biggest loss in 2 weeks … Continue reading

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Categories: Market Commentary.

18.08.14

Dollar under pressure as markets eye Jackson hole.

• Sterling starts the week on front foot • Eurozone fears damage from Russian sanctions • Dollar sags ahead of Jackson Hole forum • Australian dollar waits for RBA for signals

Categories: Market Commentary.

15.08.14

Euro Under Pressure – France & Germany Post Weak GDP Figures

Sterling trades sideways versus dollar and euro Dollar remains bid – Fed’s Bullard points to earlier than expected rate rise Germany posts drop in GDP as France follows up with negative growth Yen weakens against major peers on reduced haven … Continue reading

Categories: Market Commentary.

14.08.14

Sterling falls on wage data and Carney comments.

• Interest rate rise will be gradual and limited, says Carney • Euro recovery halts as Germany shrinks • Dollar edges higher as US retail sales unexpectedly flat • Aussie dollar looks to slide further

Categories: Market Commentary.

13.08.14

Doubts on rate rise timing begin to turn tide for Pound

• Sterling holds two-day gain vs Euro before BoE Inflation Report • Euro near nine-month low on weakening economy • Dollar gains; Treasuries at week low vs G-7 peers before Sale • Canada says error in last Job Report to … Continue reading

Categories: Market Commentary.

12.08.14

Euro Comes Under Pressure as Markets Await Key German Economic Data

Pound halts decline versus euro Germany’s ZEW set to disappoint to put pressure on single currency Inflation data rallies Norwegian Krone Kiwi dollar falls vs majors on housing price data

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Categories: Market Commentary.

11.08.14

Sterling falls as Ukraine, Iraq in focus.

• Sterling hits 8-week low against dollar on war worries • Euro gains as Ukraine, Iraq crises continue • Dollar firm against yen as geopolitical tensions ease • Kiwi dollar little changed, eschew risk aversion

Categories: Market Commentary.

08.08.14

Safe Haven Currencies Lead the Way on Risk Aversion

ECB President Draghi’s press conference fails to give direction for euro Yen leads gains on Iraq strike plans Sterling dips versus euro as BoE leave interest rates Unchanged China posts surprise trade surplus to stem Aussie dollar slide

Categories: Market Commentary.

07.08.14

ECB, BoE Rate decisions in focus.

• BoE seen split, but no rate hike for now • ECB set to hold fire on rates • Dollar falls against yen amid Ukraine tensions • Aussie tumbles as jobless surge revives rate-cut bets

Categories: Market Commentary.

05.08.14

Sterling Snaps 5 Days of Decline Versus Euro

Pound makes gains over dollar & euro as PMI numbers beat expectations U.S. dollar rally slows after six days of gains Euro trades close to lowest level vs dollar since November Reserve Bank of Australia keeps interest rates in hold

Categories: Market Commentary.