Tag Archives: US dollar

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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Categories: Market Commentary.

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.

19.02.15

Minutes Show Fed Treading Carefully to Rate Hike

Impressive UK jobs data sends sterling higher Euro stands firm as ECB approves loan request from Greece’s central bank Dollar trades sideways after non-event fed meeting minutes released Gold gains 1% on Fed minutes

Categories: Market Commentary.

29.01.15

Dollar Strengthens on Fed Statement ‘Door Still Open to June Rate Hike’

Cable falters on Fed but sterling remains buoyant against weak euro S + P puts Greece credit rating on ‘watch’. Pressure still on single currency Fed only main central bank looking to raise IR this year as buck recovers Kiwi … Continue reading

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Categories: Market Commentary.

16.01.15

SNB’s Surprise Scrapping of Euro Cap Triggers Turmoil in Currencies

Sterling hits highest level vs euro since 2008 Euro falls over 15% vs Swiss franc after SNB move Dollar remains currency of choice as safe haven buck remains king. Swiss franc posts massive gains against all major currencies

Categories: Market Commentary.

07.01.15

Common Currency Likely to Remain Under Pressure

All eyes are on euro, but sterling is beating it hands-down in ugly stakes Dollar builds on recent gains as volatility index spikes Yen declines from three week high Price for Brent Crude oil falls below $50/barrel for 1st time … Continue reading

Categories: Market Commentary.

02.01.15

Dollar Extends Advance into 2015

Sterling takes advantage of falling euro to hit 6 year high Single currency hits four year low vs dollar Dollar strengthens following its best year since 2005 WTI oil rises $1 to $54.22 per barrel

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Categories: Market Commentary.

09.12.14

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.

02.12.14

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.

18.11.14

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.