Market Info

View market info for:

Brexit or Bremain that is the question

26/04/2016 | OzForex

United States Dollar: No data between the two currency locations yesterday worth mentioning. This meant focus moved over to this week’s interest rate decision from the US and ongoing discussions surrounding the Brexit vote at the end of June. However, I say the Brexit ...
read more

Early Brexit poll continues to support Sterling

25/04/2016 | OzForex

United States Dollar: Cable begins the day higher than Fridays start. There was little in the way of data on Friday, so movement would have been based on the weeks releases and the week ahead. The main news that would have seen Sterling finish the week stronger than the recent ...
read more

USD higher following improved Jobless Claims

22/04/2016 | OzForex

United States Dollar: GBP/USD, Sterling started the day on the back foot yesterday as UK retail sales printed below predicted levels for March. Opening at 1.4335 the pair fell to 1.4308 as annualise retail sales came in at 2.7% vs 4.4% exp while Monthly numbers posted a ...
read more

GBP/EUR higher as latest Brexit poll shows strong lead for UK to Remain

21/04/2016 | OzForex

United States Dollar: GBP/USD, Sterling’s gains have tailed off through overnight and this morning’s trades. Yesterday the pair continued to test the 1.44 level as both February’s ILO unemployment and Claimant count rate came in on par. Feb’s Average ...
read more

Broad USD weakness continues

20/04/2016 | OzForex

United States Dollar: GBP/USD, yesterday continued the theme of broad dollar weakness as both US Housing starts and building permits failed to stem the tide. Housing starts posted 1.089M vs 1.170M exp and 1.178M the previous month, the lowest level in five months. Building ...
read more

Dovish comments from Fed Member Dudley send USD lower

19/04/2016 | OzForex

United States Dollar: GBP/USD has continued to gain overnight as comments from the president of the Federal Reserve bank of New York, William Dudley helped support US yields. Considered as part of the Fed’s ‘tight-three’ with Chair Janet Yellen and ...
read more

Euro Weaker following poor Friday Trade Balance data

18/04/2016 | OzForex

United States Dollar: GBP/USD steadily gained throughout Friday as both US industrial production and capacity utilization for March missed expectations. Industrial production was predicted to show an improvement from -0.6% to -0.1% but posted no change at -0.6% while Capacity ...
read more

Chinese data continues to impress

15/04/2016 | OzForex

United States Dollar: Yesterday saw the UK keep interest rates on hold as expected and the markets barely moved. The rate has been at this low level for seven years with the vote being unanimous since Ian McCafferty dropped his vote for a hike in February, for the first time ...
read more

Dollar Defies Retail Data

14/04/2016 | OzForex

United States Dollar: From glancing at the fundamental data yesterday you would expect to see the USD to have weakened, however quite the opposite occurred. In a Time Magazine interview with Janet Yellen, published yesterday, she stressed that a cautious approach to monetary ...
read more

Yesterday, a good day to be Crude

13/04/2016 | OzForex

United States Dollar: The USD was anticipating a tough reporting session this week. However surprisingly US Stocks posted solid gains overnight which was mostly led by energy stocks. Today we see the start of the big banks earnings releases. Unfortunately analysts are ...
read more