Tag Archives: pound sterling


Euro Recovers on Improving E/Zone Economic Data

Single currency hits highest in 2 weeks vs dollar Sterling falls from 7 week high vs euro in-spite improving UK economy Dollar gains vs majors as tensions rise in Ukraine New Zealand Dollar Trades higher after RBNZ Hikes rates to … Continue reading

Categories: Market Commentary.


Euro Makes Gains Against Majors

Bank of England stays the course as UK economy grows EUR/USD hits 3 wk high – funds flow from emerging market currencies Fed minutes continue to weigh on greenback SNB seen sticking with Franc cap through 2014

Categories: Market Commentary.


Sterling Trades Higher as UK Services Sector Rises to All Time High

Pound makes gains vs majors as UK service sector exports hit all time high UK Chancellor to claim fresh vindication for his economic plan at IMF visit Dollar slips versus euro and sterling Rand strengthens against dollar, erases decline for … Continue reading

Categories: Market Commentary.


Sterling Trades Higher on Strong UK Economic Data

UK retail sales & consumer confidence report pushes pound higher Euro remains under pressure versus sterling Rand rallies as South Africa keeps interest rates on hold Aussie & Kiwi dollars continue to push higher against rivals

Categories: Market Commentary.


Euro Strength Seen: Tensions Over Ukraine Seem to be Contained

Single currency rallies ahead of German economic data & Draghi speech Pound unchanged vs dollar but continues to slide against rallying euro Dollar mixed as losses seen vs euro but cable remains unchanged Aussie dollar and South African Rand trade … Continue reading

Categories: Market Commentary.


Sterling Halts Slide vs Majors

Euro takes advantage of weakening pound to hit two month high Dollar gains – speculation worlds biggest economy is building momentum BoE Governor Mark Carney to testify before Treasury Select Committe Swiss franc gains on rising tensions between Ukraine and … Continue reading

Categories: Market Commentary.


Euro Rallies vs Majors as ECB Raises Growth Levels

Draghi’s upbeat tone sends euro higher BoE & ECB leave interest rates unchanged as expected Sterling loses a cent against a rallying euro Markets look to key Non-farm payrolls data due later today

Categories: Market Commentary.


Dollar Gives up Some Gains as Tensions Ease in Crimea Region

Pound recovers vs dollar after losing over a cent on risk off move Greenback trades higher vs Yen but slides vs majors Euro trades sideways as ECB’s Draghi says”worst has been averted” Commodities post gains as Ukraine situation continues

Categories: Market Commentary.


Sterling Halts Decline Versus Majors

UK Retail sales figures set to disappoint and weigh on UK currency N.Y University Professor says ECB has room to weaken single currency Dollar builds on Thursday’s gains- markets ignore disappointing data Unrest in Thailand to keep downward bias on … Continue reading

Categories: Market Commentary.


Pound Drops Ahead of UK Inflation Data

Sterling eyes key CPI data after reaching multi year highs vs dollar Euro stands firm- ECB member states ECB rate cut remains open question Dollar traders look to US data after quiet Monday due to US Bank Holiday Yen falls … Continue reading

Categories: Market Commentary.