Market Info

View market info for:

USD up as stocks fall after Fed Powell testimony. GBP nervous ahead of EU Brexit draft proposals.

28/02/2018 | OzForex

The GBP had another lurch lower on Tuesday morning as the implications of Opposition leader Jeremy Corbyn’s Brexit speech began to be more widely recognized.
read more

USD link to stock markets re-established. GBP back above 1.40. Main highlight this week is Fed Chair Powell’s testimony on Tuesday.

26/02/2018 | OzForex

The GBP ended the week lower against the USD and twice finished at the bottom of our one-day performance tables.
read more

US stocks fully reverse Wednesday’s plunge. EUR stays soft ahead of CPI figures, GBP remains below USD1.40.

23/02/2018 | OzForex

Intra-day movements across asset classes are becoming more volatile, less predictable, and often occurring with few obvious catalysts.
read more

Brexit back as a GBP-negative ahead of UK earnings data.

21/02/2018 | OzForex

Wednesday 21 February Great British Pound The GBP began yesterday as the weakest of all the currencies we follow here but ended up as the strongest on what the US financial news channels might call ’Turnaround Tuesday’. On a day of ...
read more

No surprises in RBA Minutes. GBP/USD lower overnight as USD extends gains. UK Brexit speech awaited.

20/02/2018 | OzForex

The GBP had a bit of a wobble on Monday and ended up sharing bottom spot in our one-day performance table with the NZD
read more

US Presidents Day holiday today. Stock markets opening higher, GBP a little softer after EU Verhofstadt’s Sunday TV interview.

19/02/2018 | OzForex

Monday 19 February Great British Pound The GBP had a very good week despite the softness of economic activity data. It began last Monday around USD1.3820 and moved higher on Tuesday after CPI figures showed the UK inflation rate stuck at 3.0% ...
read more

USD index falls to lowest since November 2014 even as 10-year bond yields hit 2.91%. GBP/USD back at 1.41 ahead of UK retail sales.

16/02/2018 | OzForex

After the dramas around US CPI earlier in the week, the pound was then the quickest of all the major currencies to reverse its losses and went on to a day’s high just below 1.4000
read more

After some wild swings on Wednesday, GBP/USD is back at 1.40 and AUD/USD at 79 cents. Stock markets are up again despite higher US bond yields.

15/02/2018 | OzForex

Thursday 15 February British Pound Wednesday was a day of some stunning reversals in global equity and foreign exchange markets. Immediately prior to the US CPI release, the Dow Jones Industrial Average was up 150 points at ...
read more

Stock markets rally ahead of US CPI this afternoon. USD and GBP worst performers overnight. UK Foreign Secretary’s Brexit speech now awaited.

14/02/2018 | OzForex

The British Pound had a better day on Tuesday, finishing in second place behind the EUR on our one-day performance table, with GBP/USD having been up on a 1.39 handle for the first time since Friday and GBP/AUD having briefly revisited 1.77.
read more

UK CPI will be key for GBP. Watch the US NFIB survey for any signs of wage pressure which could upset stock markets.

13/02/2018 | OzForex

By the time London traders headed for the train home on Monday, the DJIA was up almost 400 points and a few hours later it officially closed up 410 points with the S&P 500 index up 1.4% at 2656.
read more