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Tag Archives: New Zealand
13.09.12
Sterling Trades Higher Versus Dollar after German Court Ruling
Euro soars as German court clears way for ratification of ESM. Sterling touching 4 month high versus US dollar. Risk appetite grows in money markets to push dollar lower against majors. New Zealand leaves its interest rate on hold at … Continue reading
11.09.12
Fed and Economic Stimulus Hopes in Focus.
Sterling holds around $1.60 on Fed easing expectations. Euro remains bullish. Potential Fed action keeps dollar bearish. Aussie, Kiwi remain lower on China concern. For more information see tool bar above, click ‘Market Data’ then ‘Market Commentary’.
17.08.12
Pound Hits Three Week High Versus Dollar
Equities rise as greenback sold off on risk appetite rise. Sterling rallies against US dollar after strong UK retail sales published. Euro makes gains versus majors on Merkel comments. Sterling posts gains versus South African Rand, Aussie & Kiwi dollars.
03.05.12
UK construction PMIs offer recovery hope.
Sterling rallies on Construction Data. ECB News set to impact euro today. Dollar enjoys boost despite disappointing economic data. Kiwi dollar falls after jobless rate plunges. For more information see tool bar above, click ‘Market Data’ then ‘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’.
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
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
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
25.09.12
Euro Weakens as German Economic Data Disappoints
Euro weakens against majors, German economic data disappoints. Sterling hits week and a half hgih versus single currency. Lack of risk appetite in global markets sends dollar higher. Aussie, Kiwi dollars fall on prospect economic growth in China is slowing