Market Info

View market info for:

Quiet start to a quiet week in FX

29/12/2015 | OzForex

United States Dollar: With most big financial centres out of action for the Christmas period very little has happened in FX markets. GBP/USD has been steady around 1.49 and opens this morning at 1.4895. There’s very little by way of UK data on the way this week. US ...
read more

Markets quieten down ahead of festive period

24/12/2015 | OzForex

United States Dollar: Markets are thinning out now as most major centres wind down for the Christmas holidays. GBP/USD has at least recovered off of its lows and is now testing a break of 1.49. Better than expected current account data from the UK yesterday was supportive, ...
read more

GBP/USD licks its wounds as markets await US Durable Goods

23/12/2015 | OzForex

United States Dollar: Markets have been fairly subdued again over the last 24 hours. GBP/USD drifted lower during the morning on Tuesday and then took a further knock following the release of slightly better than expected Final GDP from the States. This printed at 2.0% vs. ...
read more

Commodity currencies turn positive amid subdued trading

22/12/2015 | OzForex

United States Dollar: It’s been a rather subdued start to the week, hardly surprising in the run up to the holiday season and amid a lack of major economic releases. GBP/USD fell below 1.49 and bottomed out at 1.4880. It opens not too far off this level this morning at ...
read more

Slow start and slow week ahead for FX markets

21/12/2015 | OzForex

United States Dollar: GBP/USD slipped below 1.49 on Friday as the dollar strengthened gradually throughout the day, a bit of a surprise given the losses experienced in USD/JPY following the Bank of Japan’s monetary policy announcement towards the end of last week. There ...
read more

Calm prevails after the FOMC storm

18/12/2015 | OzForex

United States Dollar: GBP/USD spiked on better than expected UK Retail Sales data yesterday. It was only a spike mind as dollar bidders took charge and drove the USD higher across the board following the Fed’s decision to hike interest rates earlier in the week. ...
read more

Markets soar as Federal Reserve hikes rates for first time since 2006

17/12/2015 | OzForex

United States Dollar: Yesterday evening saw the first interest rate hike from the US Federal in over nine years with the benchmark funding rate being raised from >0.25% to >0.5%. The move was widely expected from the financial markets and well received too. The Feds last ...
read more

Dollar bids gather momentum as investors look to crucial Fed announcement

16/12/2015 | OzForex

United States Dollar: GBP/USD was steady throughout most of the morning session yesterday. UK inflation data printed as expected yesterday at 0.1% y/y for November. It was supportive of the pair to the point that CPI edged back above zero for the first time in four months. ...
read more

Euro rallies as markets wobble ahead of Fed decision

15/12/2015 | OzForex

United States Dollar: The pound fell yesterday as markets positioned themselves for tomorrow evenings Fed rate announcement from the States. It looks like a done deal that we will see the FOMC announce a 25bp increase in the benchmark Federal Funds Rate and as a result we saw ...
read more

Busy week ahead as Fed expected to hike interest rates for first time since 2006

14/12/2015 | OzForex

United States Dollar: The pound had a good day on Friday. It took advantage of a weak US dollar during the early New York session and continued to push higher in to the end of the day. Better than expected Core Retail Sales from the US – printing at 0.4% vs. ...
read more