Market Info

View market info for:

Daily Forex Commentary

13/04/2010 | OzForex

:: United States Dollar: Sterling’s recent rally against the US Dollar has come to an end. The Pound had been pushing higher against the Greenback early in yesterday’s session seeing highs at around 1.5460, but Euro's gains against the Pound weighed heavy on cable. Sterling fell ...
read more

Daily Forex Commentary

12/04/2010 | OzForex

:: United States Dollar: Last weeks gains for Sterling versus the US Dollar have maintained for the start of this week. Friday saw the Pound jump against the Greenback, comfortably breaking through 1.5300 after better than expected UK PPI input data. This saw the currency pair rise ...
read more

Daily Forex Commentary

09/04/2010 | OzForex

:: United States Dollar: The Pound has continued its gains against the US Dollar. A shaky start for Sterling yesterday saw it fall below 1.5200 versus the Greenback after the BIS's stark warning regarding the UK public finances. UK economic data helped the Pound push higher during ...
read more

Daily Forex Commentary

08/04/2010 | OzForex

:: United States Dollar: Cable has seen a topsey turvey 24 hours. Sterling started yesterday's session above 1.5250 versus the US Dollar, but this didn't last long. The trigger for the currency pairs fall came as UK services PMI data came in worse than expected. This saw a UK ...
read more

Daily Forex Commentary

07/04/2010 | OzForex

:: United States Dollar: Sterling fell early on Tuesday against the US Dollar, but sits higher for today start. Gordon Brown officially announced that the general elections will take place on the expected 6th May. Cable fell shortly after this announcement with what seem many ...
read more

Daily Forex Commentary

06/04/2010 | OzForex

:: United States Dollar: Sterling has fallen against the US Dollar since the start of US Trade yesterday. Cable had risen above 1.5300 on Monday, reaching a high of 1.5320 on the news that the Tories have pulled to a double digit lead. UK PM Brown is expected to announce a May 6th ...
read more

Daily Forex Commentary

01/04/2010 | OzForex

:: United States Dollar: GBP/USD looks to be finishing the week on a strong note. It has bumped up through the 1.5200 level and trades this morning at 1.5240. This has come despite what might otherwise be interpreted as negative comments by PIMCO, the world's largest bond firm advising that ...
read more

UKForex Daily Market Commentary

31/03/2010 | OzForex

:: United States Dollar: Some good news for the Pound at last. Figures showed yesterday morning that the UK Current Account deficit narrowed by more than expected (-1.7 billion vs. -4.6 billion). Fourth quarter Final GDP data beat expectations too. It rose 0.4% from the third quarter. GBP/USD ...
read more

Daily Forex Commentary

30/03/2010 | OzForex

:: United States Dollar: GBP/USD has popped back up through 1.5000 again and looks a little more convincing this morning. It opens at 1.5057 buoyed by better than expected Nationwide house price data released not long ago. A Fed official has been on the wires too expressing his concern over the ...
read more

Daily Forex Commentary

29/03/2010 | OzForex

:: United States Dollar: Risk appetite has improved a little following the EU Summit decision over Greece. A support package has been formalised, details of which markets await over coming weeks. GBP/USD has managed to push back above the 1.5000 big figure hitting a high of 1.5012 not that long ...
read more