Tag Archives: risk

17.10.12

Spain Dodge’s Bullet as Moody’s Affirms Spanish Bond Rating

Euro posts 5 month high v’s sterling after Moody’s affirms Spain’s debt. Sterling gains 1 cent on US dollar and 1 and a half cents on Cad dollar. Greenback sold off across the board as risk appetite increases. Japan plan’s … Continue reading

Categories: Market Commentary.

12.10.12

Euro Takes Spanish Downgrade in it’s Stride to Post Gains

Spanish downgrade seen as positive move to make Spain request bailout. Single currency posts gains over sterling and dollar. Risk appetite improves in global markets to send dollar lower. Japan may intervene in FX markets. For more information see tool … Continue reading

Categories: Market Commentary.

11.10.12

Spain Downgrade by S & P on Risks

Sterling edges higher, but gains could be temporary. Euro slides as worries over Spain grow. Dollar advances amid risk aversion. Aussie climbs as job gains top forecasts. For more information see tool bar above, click ‘Market Data’ then ‘Market Commentary’.

Categories: Market Commentary.

09.10.12

IMF Warns of Fresh Global Crisis Unless Eurozone Finds a Fix

U.S. currency rallies as risk appetite disappears. Equity markets post losses as fears of global debt crisis continue. Sterling suffers against majors but trades higher vs South African Currency. Euro mixed as posts losses versus dollar but hits 3 week … Continue reading

Categories: Market Commentary.

08.10.12

US Unemployment Below 8% for First Time Since 2009

Weak UK data weighs on pound. Euro temporarily boosted on risk taking. Surprise drop in US unemployment rate. Rand hammered to 3-1/2 year lows. For more information see tool bar above, click ‘Market Data’ then ‘Market Commentary’.

Categories: Market Commentary.

03.10.12

‘Spanish Bailout Not Imminent’

Dollar posts gains as risk appetite disappears on Eurozone debt woes. Sterling trades sideways ahead of key PMI Services data. Euro falls – Spanish PM disappoints markets ‘bailout request not imminent’. Aussie, Kiwi and South African Currencies fall on weak … Continue reading

Categories: Market Commentary.

01.10.12

Risk Off Mood Sends U.S. Currency Higher

• Dollar takes advantage of risk aversion in global markets to push higher • Spain’s banking stress test shows a capital deficit of 59.3bn. • UK’s AAA rating faces increased likelihood of downgrade, Fitch said. • Canadian dollar rallies against … Continue reading

Categories: Market Commentary.

27.09.12

Spanish Anger Sends the Single Currency Lower

Euro under pressure as Spanish protests on austerity unsettle markets. Sterling holds firm versus euro and dollar. Risk aversion in markets aids dollar rally. Aussie & Kiwi dollars go bid on speculation China will act to support growth. For more … Continue reading

Categories: Market Commentary.

20.09.12

Dollar Rally on ‘Risk Off’ Mode

Euro sold off as Spain comes back into focus. MPC minutes point to more QE to send GBP lower. Risk appetite sends dollar higher. Oil prices slump on Saudi supply rumours, Brent Crude $108.19 per barrel. For more information see … Continue reading

Categories: Market Commentary.

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

Categories: Market Commentary.