Tag Archives: US dollar

15.04.14

Drop in UK Retail Sales Halts Sterling’s Rise

UK retail sales drop in March, hit by late Easter to drag sterling lower Signals from ECB policymakers euro strength is concerning Dollar trades higher versus majors on strong economic data RBA minutes show neutral stance – cash rate to … Continue reading

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Categories: Market Commentary.

11.04.14

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.

08.04.14

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.

04.04.14

Draghi’s Comments Drag Down Single Currency

ECB President: Negative interest rates were discussed as euro sold off Currency markets focus on today’s key non farm payrolls numbers Dollar strength across the board as trades sell euro and buy the buck Sterling/euro rallies on Draghi comments

Categories: Market Commentary.

28.03.14

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.

21.03.14

Yellen Comments Continue to Push Dollar Higher

Greenback set for biggest weekly advance in 2 months vs peers Sterling takes advantage of falling euro to reach highest rate in 9 days Single currency posts losses versus majors Japan’s markets are shut today for a national holiday

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Categories: Market Commentary.

14.03.14

Dollar Rallies – Unease in Crimea Sends Markets into ‘Risk off’ Mode

ECB’s Draghi: Strong euro pulling down eurozone inflation Worries in Ukraine’s Crimea region send safe haven currencies higher Sterling mixed as recovery seen vs euro but cable falls Gold set for longest weekly rally since 2011 on Ukraine tensions

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Categories: Market Commentary.

11.03.14

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.

04.03.14

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.

28.02.14

Sterling Hits Two Week High vs Dollar & Euro

Pound trades higher on improving UK economic data China’s yuan tumbles the most on record Dollar posts losses vs majors as S&P trades near record high Crude oil falls as the yen gains against the dollar

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Categories: Market Commentary.