Tag Archives: greenback


Dollar Remains King as Greenback Hits USD/JPY 80.00

Euro still under pressure as Moody’s downgrades 5 Spanish regions. USD/JPY touches 80.00 handle on speculation of Japanese intervention. Sterling still hanging onto $1.60 handle, analysts eye UK GDP data this week. Oil snaps three-day decline as Brent Crude hits … Continue reading

Categories: Market Commentary.


Spain Dodge’s Bullet as Moody’s Affirms Spanish Bond Rating

Euro posts 5 month high v’s sterling after Moody’s affirms Spain’s debt. Sterling gains 1 cent on US dollar and 1 and a half cents on Cad dollar. Greenback sold off across the board as risk appetite increases. Japan plan’s … Continue reading

Categories: Market Commentary.


Pound hits four-month high vs Dollar before Fed meets

Sterling climbs to 4-month high versus dollar Euro/dollar rises to 4-month high ahead of German court meeting Moody’s threat to cut US’s Aaa rating to Aa1 AUD advances as stimulus bets boost risk demand

Categories: Market Commentary.


Sterling eases from two-week high ahead of ECB meeting

UK PMI Services boosted pound Euro remains lower before ECB meets US dollar gained on ECB Draghi talks AUD touched six-week low after GDP figure

Categories: Market Commentary.


Gold Medal for Sterling as Pound Trades Higher on BoE Report

Sterling trades higher as BoE dampens expectations of interest rate cut Risk-on mood sends US currency lower Euro posts more losses against majors as German data disappoints Swedish currency posts gains as its seen as safe haven

Categories: Market Commentary.


Doing nothing is not an option!

Pressure for ECB intervention grows BoE seen maintaining QE as King assesses expanded crisis toolkit Fed signals new steps to boost growth Yen weakens at a near six-month low on IMF’s comments

Categories: Market Commentary.


Dollar Weakness on Speculation of more QE by Fed

Sterling continues its march against euro and also rallies versus greenback. Italian banks downgraded to put more pressure on single currency. US dollar down across the board. Aussie dollar gains over sterling and the US currency on RBA minutes. For … Continue reading

Categories: Market Commentary.


King: UK is five years away from recovery

BoE King concerned UK recovery to be slow Italian bond auctions raise demand of safe havens Merkel and Hollande to meet before EU summit, Euro holds US dollar keeps its strong position on mixed data

Categories: Market Commentary.


Financial Year End See’s Sterling Rally Versus the Dollar

Sterling trades over $1.60 handle versus the dollar. Greenback sold off against majors. Yen the winner: companies repatriate overseas earnngs before year end. Euro makes back over a cent versus buck as ECOFIN meetings begin. For more information see tool … Continue reading

Categories: Market Commentary.


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.