Tag Archives: US dollar


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.


Dollar Holds Gains as US Economic Data Supports Fed Rate Rise

Despite recent slide in GBP/USD, Barclay’s analysts call 1.71 by month end Kiwi dollar drops after fall in New Zealand output price data Analyst’s look to Economic Symposium in Wyoming which starts Thursday Euro holds biggest loss in 2 weeks … Continue reading

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Categories: Market Commentary.


Euro Comes Under Pressure as Markets Await Key German Economic Data

Pound halts decline versus euro Germany’s ZEW set to disappoint to put pressure on single currency Inflation data rallies Norwegian Krone Kiwi dollar falls vs majors on housing price data

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Categories: Market Commentary.


Safe Haven Currencies Lead the Way on Risk Aversion

ECB President Draghi’s press conference fails to give direction for euro Yen leads gains on Iraq strike plans Sterling dips versus euro as BoE leave interest rates Unchanged China posts surprise trade surplus to stem Aussie dollar slide

Categories: Market Commentary.


Sterling Snaps 5 Days of Decline Versus Euro

Pound makes gains over dollar & euro as PMI numbers beat expectations U.S. dollar rally slows after six days of gains Euro trades close to lowest level vs dollar since November Reserve Bank of Australia keeps interest rates in hold

Categories: Market Commentary.