Market Info

View market info for:

Daily Forex Commentary

09/06/2010 | OzForex

:: United States Dollar: There was a fresh bout of risk aversion, and another round of investors opening new short positions, as the US dollar benefited again from an increase in economic worries around the world. Coupled with positive US data this caused most of the majors to fall yesterday. ...
read more

Daily Forex Commentary

08/06/2010 | OzForex

:: United States Dollar: There was a small amount of profit taking yesterday, giving a brief respite to the recent sell off in risk currencies. Whilst data was thin on the ground there were plenty of news stories to drive investor sentiment. In the US Fed Chairman Bernanke has warned that the ...
read more

Daily Forex Commentary

07/06/2010 | OzForex

:: United States Dollar: Equity markets across the globe have sold off on the back of new sovereign debt worries, causing a fresh round of flight to safety trades, benefiting the dollar. This comes following US figures out on Friday which reflected worse than expected employment outlook, with ...
read more

Daily Forex Commentary

04/06/2010 | OzForex

:: United States Dollar: Investors took profit yesterday, exiting from recent long positions and putting renewed downward pressure on non dollar assets going into the weekend. Some of the dollar’s gains were driven by better than expected data releases. Crude oil inventories, a bellwether of fuel ...
read more

Daily Forex Commentary

03/06/2010 | OzForex

:: United States Dollar: Risk sentiment has improved slightly and demand for the dollar has ebbed away gradually over the past two days, benefiting “risk” currencies and emerging market assets. Government bond yields on both sides of the Atlantic fell, and equity markets pushed higher as investors ...
read more

Daily Forex Commentary

02/06/2010 | OzForex

:: United States Dollar: GBP/USD is up this morning. The collapse of the PRU/AUA deal has seen some decent short covering in the pair as investors consider that the large hedge to buy out AUA will have to be unwound at some point. Markets are a little cautious this morning though ahead of UK ...
read more

Daily Forex Commentary

01/06/2010 | OzForex

:: United States Dollar: Global risk sentiment remains subdued with US dollar benefiting from a flight to safety over the last 24 hours. Political tensions in the Middle East and ongoing concern over a possible conflict between North and South Korea are adding to economic worries on a world scale. ...
read more

Daily Forex Commentary

31/05/2010 | OzForex

:: United States Dollar: It''s a quiet day on the FX market. Two of the big players, London and New York are on bank holidays. Although trading will be thin due to a lack of liquidity in the market (which sometimes leads to volatility) GBP/USD is likely to remain fairly stable around the 1.4500 ...
read more

Daily Forex Commentary

28/05/2010 | OzForex

:: United States Dollar: Markets remain fairly subdued with volatility dropping off considerably in the past few days compared with last week. The dollar continued to sell off overnight as people took stock of recent moves, and potentially took profits and unwound short positions. US Treasury ...
read more

Daily Forex Commentary

27/05/2010 | OzForex

:: United States Dollar: The US dollar sold off slightly throughout the trading session yesterday, most likely on the back of short term profit taking, but not on the back of investor re-establishing risk positions. Despite better than expected new home sales (504,000 Vs an expectation of 425,000), ...
read more