Tag Archives: pound sterling


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.


U.S. Dollar Gaines for 7th Week Ahead of Key Jobs Report

BoE leaves interest rates unchanged at 0.5% as expected Euro recovers after rivalries appear in ECB with regards to QE Greenback gained at least 3.8% versus all 16 major peers in last 3 months Asian currencies head for 6th weekly … Continue reading

Categories: Market Commentary.


Dollar Bull Run Set to Continue

Sterling slide against greenback eases Euro continues to look vulnerable versus majors Reserve Bank of Australia keeps rates on hold at 2.5% Aussie dollar falls to 3 week low vs pound as trade deficit widens

Categories: Market Commentary.