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Daily Forex Commentary

18/02/2010 | OzForex

:: United States Dollar: Sterling’s recent rise against the US dollar hasn't maintained for the start of today’s session. The Pounds losses came on the back of UK data coming in less than positive. UK January unemployment data came in worse than median forecast overall painting a ...
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Daily Forex Commentary

17/02/2010 | OzForex

:: United States Dollar: Sterling has continued to rise against the Greenback overnight. Cable had started yesterday’s session on the decline after the news that UK inflation accelerated in January to the fastest pace in 14 months. The BoE letter however showed that things weren't ...
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Daily Forex Commentary

16/02/2010 | OzForex

:: United States Dollar: Sterling has appreciated against the Greenback overnight. It was fairly flat trading for the currency pair during yesterday’s session with GBP/USD ranging between 1.5660 and 1.5700. Cable followed the Euro and Eurozone data yesterday with sell orders ...
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Daily Forex Commentary

15/02/2010 | OzForex

:: United States Dollar: Cable has dipped from Fridays highs to see a more range bound start to this morning. Since the start of February GBP/USD hasn't fallen below 1.5550 and hasn't risen above 1.5750, so this morning open at 1.5659 sees the currency pair around mid of this range. ...
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Daily Forex Commentary

12/02/2010 | OzForex

:: United States Dollar: Sterling sits higher against the US Dollar for today’s start. An early fall was seen for the currency pair yesterday seeing a session low of 1.5560. Middle Eastern purchases at these lows saw cable rise back up to 1.5600. Sterling then traded firmly as it ...
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Daily Forex Commentary

11/02/2010 | OzForex

:: United States Dollar: Wednesday's early gain for Pound versus the US Dollar dipped when the BoE inflation report was released. Cable reached a session high of 1.5765 on the back of better than expected UK output data, but also on decent selling of the EUR/GBP cross. BoE inflation ...
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Daily Forex Commentary

10/02/2010 | OzForex

:: United States Dollar: Sterling sat higher against the US Dollar during yesterday’s session, but has fallen from its highs for this morning. UK Trade data came in worse than median forecast yesterday, which saw cable take a fall to 1.5560. Sterling already under pressure suffered ...
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Daily Forex Commentary

09/02/2010 | OzForex

:: United States Dollar: Sterling sits a little higher against the Greenback this morning from early losses yesterday. The currency pair took a fall at the start of yesterday’s session seeing a fresh low of 1.5535. This was mainly on the back of a negative report surrounding the ...
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