Tag Archives: US dollar

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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Categories: Market Commentary.

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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Categories: Market Commentary.

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.