Tag Archives: US dollar

27.08.15

Stock Markets Recover as Dollar Gains

UK economy ticking along nicely as sterling trades sideways Euro suffers vs dollar but stands firm against sterling Dollar supported as US stock markets recover Oil moves higher on drop in US crude inventories

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Categories: Market Commentary.

20.08.15

Dollar Falls as Traders Slash Odds for Fed Rate Rise

Mixed evening session for Sterling as GBP/EUR falls but cable rises Germany & ESM Board of Governors approve €86 Bn Greek bailout deal Dollar bull herds exposed as September Fed rate-rise odds shrink Likelihood of US oil sliding to $30 … Continue reading

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Categories: Market Commentary.

07.08.15

Dovish Tone Sends Sterling Lower

Pound sold off as near term inflation revised down Euro takes advantage of weaker pound & dollar to surge higher US dollar muted ahead of key non-farm payrolls data due later today New Zealand dollar rallies as Fonterra offers farmer … Continue reading

Categories: Market Commentary.

24.06.15

Sterling on the Move as BoE Hawk Says Prepare for Rate Rise

MPC member Martin Weale talks about interest rate rise as early as August Euro weakness as differences remain on Greece plan Dollar mixed as Fed Governor Powell suggest early rate rise Oil turns higher, holding ground above $60

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Categories: Market Commentary.

18.06.15

Sterling Shines as Buoyant UK Economic Data Rallies Pound

• Pound hits 7 month high vs dollar and 2.5 week high vs euro • E/Zone fin-min’s meet today to try to break deadlock over Greece • Dollar weakens as Fed’s Yellen points to gradual rate rises • New Zealand … Continue reading

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Categories: Market Commentary.

11.06.15

S & P Downgrades Greece as Euro Slides

Sterling shrugs off Carney speech Greece PM Tsipras exits summit with little deal progress Strong domestic data needed to push U.S. dollar higher Kiwi falls as New Zealand central bank cuts key interest rate

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21.05.15

Fed Unlikely to Raise Rates in June

Sterling breaks 1.40 handle vs euro and stems losses vs dollar Euro jitters around Greek bailout send currency sliding Dollar mixed as Fed looks to later in year for rate hike Gold steady above $1,200 as June rate hike prospects … Continue reading

Categories: Market Commentary.

02.04.15

US Currency Slides Against Majors

Sterling Rallies versus weakening dollar European stocks pare decline as banks, commodity shares advance Dollar sold off across boards, suffers from weak jobs data Odds of rate cut by RBA remain high as Aussie dollar falls

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19.03.15

Fed Puts Interest Rate Hikes in Play

Huge swings in cable as GBP/USD moves three cents overnight Euro/dollar volatility after Fed statement Dollar sold off after Fed removes key word ‘patient’ from statement Kiwi $ rallies – data shows economy expands as fastest pace since 2007

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12.03.15

Euro Extends Losses Across the Board

GBP/EUR at highest rate since Nov 2007 as euros value plummets Fresh 12 year lows seen in EUR/USD as investors dump the single unit No end in sight for rallying US dollar NZ Dollar rallies on RBNZ rate pause announcement

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Categories: Market Commentary.