Market Info

View market info for:

NZD up after RBNZ announce interest rate hike

24/04/2014 |OzForex

United States Dollar: The MPC minutes showed yesterday that the Bank of England had voted to keep rates and QE unchanged earlier in the month. It didn’t’ come as a surprise. GBP/USD pushed higher away from 1.68, a reaction to the upgrade to Q1 2014 growth to 1.0% by ...
read more

AUD gaps lower following the release of soft inflation data

23/04/2014 |OzForex

United States Dollar: GBP/USD pushed higher yesterday as traders returned to work after the long weekend. The pound was still reeling from the positive run of economic data released a week prior, namely the strong employment numbers. Cable traded to a high of 1.6839 but then ...
read more

GBP/USD trades near multi-year highs

22/04/2014 |OzForex

United States Dollar: Sterling ended last week on a high after it held its gains after the much better than expected UK employment data released on Wednesday. Instead of holding steady at 7.2% like the markets were expecting, UK unemployment dropped to 6.9% prompting cable to ...
read more

GBP/USD trades at multi-year highs after strong employment data

17/04/2014 |OzForex

United States Dollar: The pound has been the darling of currency markets over the last 24 hours. It broke through 1.68 vs. the US dollar yesterday after UK employment data printed better than expected - the unemployment rate fell to 6.9%, the lowest rate in five years whilst ...
read more

UK unemployment drops to 6.9%

16/04/2014 |OzForex

<p><strong>United States Dollar</strong>:   Yesterday saw UK inflation fall as expected from 1.7% to 1.6% for March. The slowdown was attributed to a reduction in clothing and fuel costs. Cable dropped from 1.6690 to 1.6660 but immediately jumped to 1.6720 ...
read more

Euro falls after Draghi''s weekend comments

14/04/2014 |OzForex

United States Dollar: Markets turned risk averse on Friday and as stock indices fell, including the Dow, the USD firmed up. GBP/USD fell to a low of 1.6721 as New York came online. It was also a response to the stronger than expected inflation data, namely the US Producer Price ...
read more

Euro shrugs off weak inflation and pushes higher again

11/04/2014 |OzForex

United States Dollar: GBP/USD fell back from the 1.68 level yesterday, this after trading to a post FOMC high of 1.6819. It traded to a low of 1.6757, having been largely unaffected by the BoE monetary policy announcement yesterday. As expected, the central bank left interest ...
read more

Dollar weakens as FOMC minutes emphasise that nothing much has changed

10/04/2014 |OzForex

United States Dollar: FX markets were generally steady in the run up to the FOMC meeting minutes last evening. Cable struggled to make it through 1.6760 and fell no lower than 1.6725, still riding high following the strong UK manufacturing data released a day earlier. The FOMC ...
read more

Strong economic data continues to support the pound

09/04/2014 |OzForex

United States Dollar: UK Manufacturing and Industrial Production data both printed stronger than expectations yesterday morning, coming in at 1.0% and 0.9% m/m respectively for March. They were very impressive numbers and will serve to boost expectations for an early rate hike ...
read more

Pound pops higher after strong manufacturing data

08/04/2014 |OzForex

United States Dollar: It was a steady start to the day yesterday in FX markets, amid a lack of any top tier economic data. Things soon got going in the afternoon though as rhetoric from various ECB officials supported bids in EUR/USD, dragging GBP/USD with it. Whilst this was ...
read more