Market Info

View market info for:

Markets dominated by Grexit fears

22/06/2015 | OzForex

United States Dollar: It was a fairly quiet day on Friday. There wasn’t much by way of economic data and traders were reluctant to place too many major bets as long as the Greek debt saga remained unresolved. That said the pound caught a bid as markets came to a close ...
read more

Pound rises after positive Retail Sales data

19/06/2015 | OzForex

United States Dollar: USD has recouped some of the losses it experienced in the past 48 hours as the ongoing Greek impasse sees the greenback well bid this morning. Fed Chair, Janet Yellens dovish press conference on Wednesday evening saw cable break through 1.58 and it pushed ...
read more

Dollar sold on less hawkish Yellen comments

18/06/2015 | OzForex

United States Dollar: GBP/USD pushed higher again yesterday on the back of better than expected average earnings data from the UK. Wage growth accelerated by 2.7% vs. expectations for 2.5%. The unemployment rate printed at 5.5% as expected and MPC votes showed that Bank of ...
read more

Volatility, volatility and more volatility

17/06/2015 | OzForex

United States Dollar: UK headline CPI for May printed in line with market expectations yesterday showing that prices rose at an annual rate of 0.1%. It’s better than last month’s negative headline but all other inflation indicators including producer prices, the ...
read more

GBP/USD trades up through 1.56 despite negative Greece headlines

16/06/2015 | OzForex

United States Dollar: GBP/USD has pushed gradually higher over the last 24 hours, this despite ongoing and growing concerns for Greece’s future in the Eurozone. The pair dipped briefly below 1.55 yesterday morning, but helped by weaker than expected U.S. economic data ...
read more

Daily Forex Commentary

15/06/2015 | OzForex

United States Dollar: The pound has fallen back slightly since Friday after Standard & Poor’s downgraded its outlook on the UK’s sovereign rating to “negative” from “stable”. The ratings agency went on to state that “we believe ...
read more

Grexit moves closer as IMF walk out of talks

12/06/2015 | OzForex

United States Dollar: It was good day on the data-front from the States yesterday as Retail Sales beat forecast after Mays lacklustre numbers. The core reading showed 1% monthly growth and the overall reading 1.2% however USD reaction to the positive numbers was a little ...
read more

Kiwi slumps as the RBNZ cut interest rates

11/06/2015 | OzForex

United States Dollar: It was another volatile trading session yesterday. To start with, Bank of Japan Governor Kuroda was speaking in parliament and referring to the value of the Yen, said “generally and theoretically speaking, the fact that the real-effective exchange ...
read more

Euro rallies this morning as German 10 year bund yields hit 1.0%

10/06/2015 | OzForex

United States Dollar: The focus again yesterday was on Greece. A source early on quoted officials as saying that new Greek plans were not enough. Greek PM Tsipras is due to meet with Angela Merkel again today but time is ticking and the longer this back-and forth continues, ...
read more

Dollar weakness sparked by supposed Obama comments

09/06/2015 | OzForex

United States Dollar: The dollar dropped across the board on Monday, erasing the post non-farm payroll gains on Friday. According to a French journalist yesterday, US President Obama said that the strong US dollar was a problem and although this comment was later denied by US ...
read more