Tag Archives: Australia

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.

01.11.12

Sterling climbs higher before PMI to add confidence to UK recovery

Strong UK data lowers chances of QE next week Euro drifts lower against pound amid EU official comment Dollar remains unchanged ahead of Job and Manufacturing figure Yen weakens on BoJ easing risk; Aussie rises on China data

Categories: Market Commentary.

01.05.12

Euro Under Pressure as Spain Slips Back into Recession.

Sterling hits fresh high against euro and dollar. Risk aversion keep euro bearish. US Manufacruting PMI may give market direction in quiet day. Aussie dollar drops after RBA rate cut. For more information see tool bar above, click ‘Market Data’ … Continue reading

Categories: Market Commentary.

19.04.12

BoE Posen Sheds his Dovish Feathers

BoE rallies after BoE minutes shows Posen change of heart. Euro trading heavy as Spain weighs. US Existing home sales may lead to dollar gains. Aussie, Kiwi rise on speculation China may easy policy. For more information see tool bar … Continue reading

Categories: Market Commentary.

13.04.12

Further Dollar Weakness Brings Sterling Rally

Sterling performs better than other peers, testing $1.60 key level. ECB and IMF chipped in EU bond purchasing. US dollar weakens further ahead of inflationary data. Aussie and Yen keep downwards trends on pessimistic Asian data. For more information see … Continue reading

Categories: Market Commentary.

26.03.12

Will the US Figures Leave the Markets Singing the Blues?

Sterling gains against broadly weaker dollar. Euro advances on prospect of combined rescue fund. Dollar turns bearish amid disppointing housing data. Aussie gains against yen on US outlook. For more information see tool bar above, click ‘Market Data’ then ‘Market … Continue reading

Categories: Market Commentary.

23.03.12

Weak Economic Data in UK Drags Down GBP/EUR

Sterling falters after weaker than expected UK economic data released. Dollar finds support after weaker Chinese and eurozone data posted. Global stock markets fall as Chinese PMI data see’s risk aversion return. New Zealand & Australian dollar fall as risk … Continue reading

Categories: Market Commentary.

07.03.12

Safe Havens Continue to Lead the Volatile Market

Sterling stays sluggish though George Osborne sees development in UK. Euro falls on Greek debt swap however saved by option holders. ADP and Nonfarm figures could be a turn-around for the strong dollar. Australian growth lower than expected analysts target … Continue reading

Categories: Market Commentary.

06.03.12

My Big Fat Greek Restructuring – Markets Eye ‘Big Thursday’

Euro continues to fall versus the majors, Thursdays PSI outcome crucial. Risk Off move sends overnight stocks lower to benefit dollar. Sterling shrugs off weak economic data as GBP/EUR trades higher. Reserve Bank of Australia leaves interest rates unchanged. Pound … Continue reading

Categories: Market Commentary.

27.02.12

Single Currency Still Riding High, For Now

Euro star performer in currency markets. Gain in risk appetite drags on dollar. Cable posts 19 day high as investors shun safety of the greenback. Yen heads for steepest monthly drop in two years. Aussie, Kiwi & Canadian dollars all … Continue reading

Categories: Market Commentary.