Tag Archives: Interest Rates

09.11.12

Sterling/Euro at five-week high after BoE

Pound rallies vs euro as BoE left IR and QE unchanged. Euro remains bearish amid Spanish bailout request hesitation. Haven currencies extends gains while dollar took losses vs yen. Asia currencies advance as Obama’s win brings inflows.

Categories: Market Commentary.

24.10.12

Sterling/dollar hits 6-week low as risk of EU crisis rises

Sterling dipped broadly, tracking euro loss Euro slips on PMI Manufacturing and Service Greenback gains further on positive housing figure Aussie surges; Yen posts loss before BoJ stimulus

Categories: Market Commentary.

19.09.12

Sterling remains in a strong position vs majors

Pound benefits from profit-taking on euro gains More increases seen on GBP/USD after Fed QE Yen falls to four-week low after BoJ stimulus Aussie dollar extends declines on potential rate cuts

Categories: Market Commentary.

05.09.12

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.

10.08.12

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.

01.08.12

Bank of England set to sit tight despite recession.

Sterling edges lower against Euro and US dollar Markets wait to see if ECB will take actions US dollar to lose value on further QE Aussie dollar drops against counterparts on slow Chinese manufacturing

Categories: Market Commentary.

04.07.12

Sterling trades sideways ahead of BoE meeting

• Sterling kept stable awaiting BoE QE decision. • Euro lost ground on speculations ECB cutting interest rate. • US labor market might continue to be gloomy weighing on Dollar. • Barclay’s ex-CEO Bob Diamond Faces MP’s questioning today.

Categories: Market Commentary.

26.04.12

UK in Double-dip Recession as Economy Shrinks

Sterling falters on UK recession. Investor risk taking helps boost euro. Bernanke hints that further easing unlikely. New Zealand keep rates at record low. For more information see tool bar above, click ‘Market Data’ then ‘Market Commentary’.

Categories: Market Commentary.

11.04.12

Sterling Stands Firm as Stocks Perform Swan Dive

Chaos reigns but sterling holds onto gains against euro and dollar. Risk aversion creeps back as volatility kicks into currency markets. Debt demons return for euro as Spain and Italy come back into focus. Global stock markets plunge as US … Continue reading

Categories: Market Commentary.

05.04.12

Euro Put to the Sword!

Sterling continues rally on back of strong PMI numbers. Weak E/Zone economic data and Spanish bond auction weakens euro. Euro lower as ECB leaves interest rates on hold, no signal of future rise. Dollar remains bullish as global stocks drop … Continue reading

Categories: Market Commentary.