Market Info

View market info for:

Banks take a Bashing as Global stocks decline

12/02/2016 | OzForex

United States Dollar: Yellen entered her second day of testimony yesterday with the same tone from the previous day. She re-iterated that further rate hikes could be delayed or not as excessive if the global economy continues to slow. The statement will weigh heavily on the ...
read more

FED remains cautious but will push on

11/02/2016 | OzForex

United States Dollar: Markets had been waiting and gearing up towards yesterday’s testimony from the FEDS Yellen. What was expected to give us some clear direction turned out to be a relatively muted statement. There was some positives to take away and it certainly ...
read more

Global Stocks take a battering on pancake day

10/02/2016 | OzForex

United States Dollar: What was anticipated to be a quiet Shrove Tuesday soon turned out to be a very eventful one. We have been building all week to hear Yellens speech today and with no real certainty on what she may have to say the markets are behaving jittery. The current ...
read more

Oil is the driver after a thin trade

09/02/2016 | OzForex

United States Dollar: In what was an uneventful start to the week the US dollar still remains well supported from the largely upbeat U.S employment report on Friday. Markets are gearing towards Yellens appearance on Wednesday for further indications on the pace of the FEDS ...
read more

USD rebounds after strong employment data

08/02/2016 | OzForex

United States Dollar: The Dollar pushed higher on Friday after the release of mostly positive U.S. employment data. Although the non-farm release fell short of its forecast, the pick-up in wage growth bolstered the outlook for inflation and increased the likelihood that the ...
read more

Sterling suffered at the hands of heavy weight data yesterday

05/02/2016 | OzForex

United States Dollar: Negative data from both sides of the pond does nothing for cable. The UK got the ball rolling on this headline with 4 heavy weight data released at 12pm yesterday, followed by comments from bank of England’s Carney. The key points from the releases ...
read more

USD extends its losses

04/02/2016 | OzForex

United States Dollar: The Dollar extended its losses during yesterday’s session and hit new 3 week lows against Sterling, this followed the release of a strong services figure for the UK and a disappointing Manufacturing number for the states. Wednesday’s number ...
read more

UK construction disappoints ahead of services data today

03/02/2016 | OzForex

United States Dollar: UK construction doesn’t dampen Sterling’s gains against the US Dollar. The big data from yesterday did disappoint coming in well below the expected figure 57.6 and showed the weakest expansion of UK construction out for nine months. This ...
read more

Will UK construction figures support GBP gains

02/02/2016 | OzForex

United States Dollar: Accelerated growth in UK manufacturing has seen Sterling push higher against the Greenback. The noteworthy release for yesterday certainly didn’t disappoint as the manufacturing release gained to 52.9, a three month of high and improvement on the ...
read more

Manufacturing data rules the headlines

01/02/2016 | OzForex

United States Dollar: Cable begins the week lower after the highs seen at the end of last week. GBP/USD 1.4407 seen at around 6:30am on Friday morning gradually fell during the working day, finally reaching a low of 1.4170 as end of month flows dominated movement. Domestic ...
read more