Tag Archives: US dollar

17.07.14

Sterling Capped by Stubborn Low Wage Growth

UK unemployment falls to help sterling but rally limited by wage growth Dollar stands firm as US appears to move closer to interest rate rise Euro continues to feel pressure on rallying pound and dollar Loonie touches two month low … Continue reading

Categories: Market Commentary.

16.07.14

UK Inflation Data Sends Sterling Back to Multi Year Highs

Pick up in UK inflation brings interest rate rise closer to rally pound Dollar holds gains after Yellen comments Euro under pressure as German ZEW figures shows fall in confidence New Zealand dollar falls over 3 cents against a rallying … Continue reading

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Categories: Market Commentary.

10.07.14

Dollar Slides as Dovish Fed Pushes Back on Rate Hike Speculation

Fed Reserve minutes smooth concerns over potential rise in interest rates Pound continues slide vs euro but cable recovers Euro continues to recover against majors as dollar and pound sold off Aussie dollar slides on weaker jobs numbers

Categories: Market Commentary.

03.07.14

Improving UK Economy Sends Sterling to 19 Month High Against Euro

Employment change in UK’s construction sector hits all time high Euro down vs majors as traders look to today’s ECB Press Conference Fed’s Yellen – financial instability wont affect currency monetary policy Aussie dollar tumbles after RBA says currency overvalued

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Categories: Market Commentary.

01.07.14

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.

24.06.14

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.

13.06.14

Sterling Soars to 18 Month High vs Euro on Carney Comments

BoE Governor tells Mansion House Interest Rates could go up sooner Euro falls through 0.80 handle versus rallying pound Dollar falls versus sterling on Mark Carney comments Kiwi’s recent gains slip slighltly in GBP/NZD

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Categories: Market Commentary.

10.06.14

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.

22.04.14

Sterling Hits 7 Week High Vs Euro

Pound strength seen in GBP/USD & GBP/EUR Dollar gains over long weekend amid improving US economic data Rumours of AstraZeneca takeover by US giant Pfizer RBA confirms steady course for interest rates as Aussie pushes higher

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Categories: Market Commentary.

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.