Tag Archives: pound sterling


Pound Closing in on 2 Year High vs Euro

Cable shakes off Goldman forecast as £/€ hits highest since Aug 2012 Goldmans brings forward forecast on US interest rates to rally dollar Euro continues to fall as IMF lowers forecast for French GDP numbers Kiwi weakens on lower house … Continue reading

Categories: Market Commentary.


Sterling at Highest Level vs Dollar Since Lehman Brothers Bankruptcy in 2008

Dollar down across the board as economic data points to slowing recovery Pound makes gains on euro and greenback Euro mixed as it looks to ECB rate decision later this week Norwegian Krone slips after weak retail sales figures released

Categories: Market Commentary.


Sterling Rallies as UK Consumer Confidence hits 9-Year High

Pound at 5 year highs versus dollar Support for sterling as UK consumer confidence at highest since 2002 Dollar hits 1 month low versus yen New Zealand dollar firms on stronger than expected exports

Categories: Market Commentary.


Sterling Continues to Impress Versus Majors

Pound off Friday’s high’s but holds key support levels ECB member says no FX target for euro Dollar still under pressure versus majors South African Rand recovers as miners agree to end 5 month strike

Categories: Market Commentary.


Sterling Continues to Impress Versus Euro

BoE’s McCafferty points to interest rate rise sooner rather than later Euro continues to slide as rival currencies buoyed by potential rate rises Dollar looks to retail sales numbers for next move Yen hits weakest level in 1 month versus … Continue reading

Categories: Market Commentary.


Sterling Halts Slide on Impressive Economic Data Release

Triple Boost for UK Chancellor as UK growth soars to support pound US dollar weakens as treasuries gain after GDP release Euro set for biggest monthly drop in 1 year against 9 major peers Aussie dollar climbs after report showed … Continue reading

Categories: Market Commentary.


Euro Hits Three Month Low Against Dollar

Optimism in UK services sector rising at fastest rate in 15 years Sterling remains buoyant against majors Euro under pressure ahead of key speech by Mario Draghi later today Indian rupee declines for third day on dollar buying ahead of … Continue reading

Categories: Market Commentary.


Sterling Strength Remains Ahead of BoE Rate Decision

Pound hits nine week high against euro Cable’s rally stalls but still close to five year high’s ECB to buy time with words not deeds Fed Chair Yellen avoids comments on forward guidance

Categories: Market Commentary.


Pound Blasts Through 4.5 Year High vs Dollar

UK manufacturing surges to 5-month high in April Brace for ECB action in June Weakness in greenback continues as US data disappoints Pfizer ups bid for AstraZeneca by £3bn to £63bn

Categories: Market Commentary.


Dollar Remains Weak

Draghi says ECB still unlikely to engage in QE Euro remains under pressure despite ECB President’s comments Sterling buoyant as markets await key UK GDP data Aussie dollar hits 5 week low vs sterling after drop in iron ore prices

Categories: Market Commentary.