Tag Archives: pound sterling


US Dollar Slides as Investors Reconsider Sept Rate Increase

Sterling falls vs euro on Greek bailout agreement Euro recovers to 1 month high on Greek deal Dollar weakness on interest rate decision Yuan slide: Chinese currency falls for 3rd day after PBoC sets value

Categories: Market Commentary.


Dovish Tone Sends Sterling Lower

Pound sold off as near term inflation revised down Euro takes advantage of weaker pound & dollar to surge higher US dollar muted ahead of key non-farm payrolls data due later today New Zealand dollar rallies as Fonterra offers farmer … Continue reading

Categories: Market Commentary.


Investors on Edge Ahead of Greek Referendum

Strong PMI construction data supports sterling above 1.40 handle Eur/Usd trading in narrow range ahead of weekend’s Greek referendum Fed still on track for September hike, say economists Greek vote looms, investors on tender-hooks

Categories: Market Commentary.


Euro Remains Under Pressure in Key Week for Greece

Sterling remains buoyant vs euro and dollar No breakthrough in late-night talks between Tsipras & key officials Dollar Holds gains as US GDP gets upgrade Gold kicks higher on Greek Impasse

Categories: Market Commentary.


Euro Holds Biggest Monthly Gain Since 2010

Sterling slides vs the dollar & euro as we edge closer to Election Single currency rebounds as bets unwind on euro weakness Analysts expect buck to rally once data shows recovery in tact German, French Italian markets closed for Labour … Continue reading

Categories: Market Commentary.


Dollar Falls on Weaker Retail Sales Figures

Sterling gains over 1 cent on the dollar after US data Euro looks vulnerable ahead of ECB’s monetary policy decision Greenback slides against major rivals after U.S. retail sales miss estimates China’s weak Q1 GDP growth provokes calls for stimulus

Categories: Market Commentary.


Euro Stops Rot After Better than Expected Economic Data

Sterling struggles despite strong manufacturing PMI numbers Eurozone CPI, Unemployment rate improves and German data impresses Aussie dollar surges after RBA keep interest rates unchanged at 2.25% Swiss franc retreats on SNB intervention speculation

Categories: Market Commentary.


Greece Scrambles to Keep Deal Alive

Sterling soars against majors Euro slides as Greece delays sending reforms to eurozone till today Fed’s Yellen could send U.S. dollar higher Oil prices continue to fall, pushing Brent under $60 a barrel

Categories: Market Commentary.


Eurogroup Gives Greece Only Few Days to Sign Extension

Sterling mixed as rise seen vs euro but cable falters on risk appetite woes Euro slides as Greece talks fail Dollar takes back losses made earlier in week as risk appetite fades Aussie dollar finds support as RBA Minutes suggest … Continue reading

Categories: Market Commentary.


Euro Remains Weak after ECB Steps on Greece

Sterling recovers vs dollar and continues to push higher vs euro Euro falls after ECB statement on Greek gov’t bonds as collateral Dollar remains bid against both sterling and euro on risk averse sentiment Swiss government warns stronger franc will … Continue reading

Categories: Market Commentary.