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Sterling set for key 24 hours with MPC minutes and Scottish referendum due

17/09/2014 | OzForex

United States Dollar: Yesterday saw a lot of volatility in the pound with sharp moves in GBP/USD during the London and New York sessions. Yesterday morning brought the release of the monthly CPI figure from the UK which fell, as expected from 1.6% to 1.5%. Although the fall in ...
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Pound lower on Scottish independence uncertainty

16/09/2014 | OzForex

United States Dollar: All eyes continue to focus on Thursday Scottish independence referendum with the vote expected to bring a narrow victory for the No campaign. The pound continues to be depressed given the uncertainty of the outcome with GBP/USD dropping below 1.62 this ...
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Scottish vote remains in focus as GBP opens a touch firmer

15/09/2014 | OzForex

United States Dollar: The USD strengthened on Friday, largely a result of better than expected US economic data; Retail Sales printed at 0.6% vs. an expected 0.3%, Prelim UoM Consumer Sentiment printed at 84.6 vs. 83.2 and Business Inventories came in at 0.4%. GBP/USD fell to ...
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Pounds recovery continues on latest Scottish referendum opinion poll

12/09/2014 | OzForex

United States Dollar: The pounds recovery has continued over the past 24 hours as another opinion poll put the No campaign (against independence) ahead in the lead up to next Thursdays Scottish independence referendum. The latest YouGov poll conducted for the Sunday Times and ...
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Sterling recovers after latest Scottish independence opinion poll

11/09/2014 | OzForex

United States Dollar: Sterling strengthened across the board yesterday evening as the latest opinion poll put the Better Together camp in the run up to the Scottish independence referendum. The poll conducted by Survation for today’s Daily Record was leaked early and ...
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Markets await UK Inflation Report Hearings

10/09/2014 | OzForex

United States Dollar: Bank of England Governor Mark Carney spoke yesterday at the Trade Union Congress in Liverpool where he hinted that UK rates were due to rise in early 2015. He said that many of the conditions for the economy to normalise had “now been met” and ...
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Sterling sell-off continues on Scottish referendum uncertainty

09/09/2014 | OzForex

United States Dollar: Sterling’s sell-off has continued over the past 24 hours with GBP/USD dropping to its lowest level since November 2013. Cable touched a low of 1.6067 in Asian trading as worries persist over the potential break-up of the UK should Scotland vote for ...
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Sterling dives on Scottish referendum opinion poll

08/09/2014 | OzForex

United States Dollar: Sterling has fallen this morning on the back of a report in yesterday’s Sunday Times which shows that the Yes vote for Scottish independence has taken the lead in the opinion polls for the first time. The latest survey by YouGov showed the ...
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Euro smacked lower after ECB announce surprise series of policy measures

05/09/2014 | OzForex

United States Dollar: GBP/USD has broken down through resistance at 1.64 over the last 24 hours. The Scottish independence vote is weighing on the pound but there are other factors at play. It was dragged lower by the big sell-off in EUR/USD yesterday as the European Central ...
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All eyes on ECB as inflation concerns continue

04/09/2014 | OzForex

United States Dollar: UK Services PMI printed better than market expectations on Wednesday morning and it was another positive reading hot off of the heals of strong Construction PMI on Tuesday – the index printed at 60.5 vs. expectations for 58.6. The data’s ...
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