Tag Archives: US dollar

19.08.14

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.

12.08.14

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.

08.08.14

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.

05.08.14

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.

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.