Market Info

View market info for:

Stock markets open higher. Key data this week is UK CPI on Tuesday and US CPI on Wednesday as investors seek clues on inflation outlook.

12/02/2018 | OzForex

Monday 12 February British Pound (GBP) So far, we’ve only had one of the fifteen trading sessions that we get each week across the three major time-zones, so it’s unwise to draw any firm conclusions from the price action. That ...
read more

Stock market turmoil continues. GBP gets a boost from BoE rate hike talk though it does depend on smooth Brexit progress.

09/02/2018 | OzForex

Friday 9 February British Pound (GBP) We warned yesterday to watch out for a choppy day for the pound, not least because there was such a split of expectations on the timing of the next Bank Rate hike that there were bound to be analysts, ...
read more

It’s ‘Super Thursday’ for the Bank of England: MPC meeting and Quarterly Inflation Report mean a choppy day ahead for the GBP

08/02/2018 | OzForex

Yesterday morning in Europe, GBP/USD made another attempt to get back on to a 1.40 ‘big figure’ but fell short by just a few pips before then losing more than a full cent against a strongly recovering US Dollar to a low in the mid-1.38’s.
read more

Currencies generally calm amidst stock market volatility with no major economic releases today. GBP/USD trying to regain 1.40.

07/02/2018 | OzForex

Having broken down through USD1.40 on Friday evening, the Pound’s fall accelerated in Europe on Tuesday, reaching the mid 1.38’s during the London afternoon immediately prior to the opening of the US stock market.
read more

After turmoil in US stocks, currencies are relatively quiet. GBP steady at lower levels, RBA leaves rates unchanged.

06/02/2018 | OzForex

The pound had a bad day on Monday as the combination of domestic political uncertainty, the resumption of formal Brexit negotiations and poor incoming economic data finally took its toll.
read more

Downing Street tries to clarify UK Brexit stance as GBP pulled between domestic politics and BoE meeting later this week.

05/02/2018 | OzForex

GBP/USD actually finished unchanged last week having been as low as 1.3995 on Tuesday and as high as 1.4275 on Thursday.
read more

USD steadies after FOMC Statement. GBP awaits PMI data as PM May talks about EU migration

01/02/2018 | OzForex

After its roller-coaster ride on Tuesday which saw it dip below 1.4000 then jump 1½ cents, GBP/USD yesterday extended its gains to a high around 1.4220; its best since Friday afternoon.
read more

USD lower after DJIA falls 400 points. GBP up on BoE Carney hints about an update to UK growth forecasts

31/01/2018 | OzForex

Volatility has certainly picked up in global foreign exchange markets and nowhere more than the British Pound.
read more

USD rallies ahead of Trump’s “State of the Union” speech tonight. GBP pressured on Brexit and UK politics. BoE Governor Carney speaking this afternoon.

30/01/2018 | OzForex

The British Pound’s remarkable 11-day sequence in which it never tested the previous day’s low against the US Dollar was good while it lasted, but has now come to an end.
read more

A very busy week ahead with Trump’s “State of the Union” speech Tuesday, AUD CPI Wednesday and US payrolls Friday.

29/01/2018 | OzForex

Up until last Friday, the British Pound had a remarkable 11-day sequence in which it never tested the previous day’s low against the US Dollar.
read more