Tag Archives: US dollar


U.S. Dollar Slips Versus Majors as Investors Book Profits

Sterling mixed as cable rallies but GBP/EUR slips Euro recovers slightly but prospect of QE early next year remains Dollar sheds 1.5% vs Yen, 1% vs Euro and 0.8% vs sterling Safe haven buying pushes yen higher against U.S currency

Categories: Market Commentary.


Sterling Posts Gains Ahead of Autumn Statement Due Tomorrow

Sterling gains courtesy of better than expected manufacturing data Aussie dollar rallies after RBA keeps interest rates on hold at 2.5% Rouble suffers worst intraday fall since 1998 Russian financial crisis Investors sell commodity currencies as oil looks set to … Continue reading

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Categories: Market Commentary.


Euro Suffers as Draghi Comments on Bond Purchases

Sterling benefits from fall in single currency but long term view looks grim Euro falls most in 1 week-Draghi says ECB ready to buy government bonds Dollar posts gains on euro and remains near 7-year high vs yen Yen falls … Continue reading

Categories: Market Commentary.


Dollar Continues to Impress as Investors Digest Upbeat US Economic data

Sterling makes back losses vs euro but retail sales disappoint Euro on the slide as EC’s Mersch says ready to buy ABS next week Dollar holds gains as U.S. markets are closed today for Veterans Day Swiss franc close to … Continue reading

Categories: Market Commentary.


Sterling Steals Ugly Stick from Single Currency

• Dollar hits 6 year high versus Yen • Sterling smashed as $1.61 handle breached versus U.S. currency • Asian investors lead the way in dumping UK pound ahead of referendum • Euro remains vulnerable but ECB welcome weaker single … Continue reading

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Categories: Market Commentary.


Draghi Sends Euro Lower with Unexpected Interest Rate Cut

• Euro plummets to 13 month low versus dollar • Sterling rallies over 1 cent versus falling single currency • BoE leaves interest rates and QE unchanged • Dollar surges as policies diverge

Categories: Market Commentary.


Dollar Rallies on Expectations of Expansion in US Manufacturing

• UK manufacturing data wipes the shine off sterling • Dollar hits a year high versus the single currency • Euro looks vulnerable ahead of key ECB meeting Thursday • Aussie dollar weakens as RBA keeps interest rates on hold … Continue reading

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Categories: Market Commentary.


Sterling Ends Week on a High as Economic Data Improves

UK consumer confidence and house price growth pushes pound higher Euro under pressure ahead of key eurozone inflation data Dollar holds ground as US economic data impresses Japanese yen rallies as tensions between Russia and Ukraine deteriorate

Categories: Market Commentary.


Euro Touches 11 Month Low

Dollar extends gains on policy split as S + P breaks 2,000 ECB President Mario Draghi’s Jackson Hole speech sends euro lower Japanese yen strengthens versus majors on safe haven buying Sterling returns to 13 day high vs euro after … Continue reading

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Categories: Market Commentary.


All Eyes on Speakers at Jackson Hole for Dollar Direction

Dollar dips slightly ahead of Fed speakers at Jackson Hole symposium Euro recovers some losses as dollar rally comes to halt Sterling’s shine dims on confused messages from BoE & UK economic data Gold near 2-month low before Yellen

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Categories: Market Commentary.