Market Info
View market info for:
Barack Obama''s comments sees the USD lower across the board
26/07/2011 |OzForex
:: United States Dollar: Sterling has gained against the US Dollar overnight. Another data less day yesterday for the two currency locations meant all eyes remained on the ongoing stalemate between the Republicans and the Democrats. Cable traded within a flat 60 pip range during the ...
read more
US and European debt issues continue to rock the markets
25/07/2011 |OzForex
:: United States Dollar: Sterling has fallen from the highs seen at the end of last week against the US Dollar. A lack of data on both sides of the pond Friday saw cable consolidate as the weekend loomed. The currency pair has traded as a high as 1.6340 in the past 24 hours in what ...
read more
Risk on and USD weaker as EU agrees on debt crisis plan
22/07/2011 |OzForex
:: United States Dollar: Owing to positive news from the EU leaders meeting yesterday risk is back on and most currencies, including the pound are higher vs. the US dollar this morning. GBP/USD rallied through 1.6200 and eventually broke through the 1.6300 figure yesterday. It traded to a high ...
read more
All important EU economic summit due today
21/07/2011 |OzForex
:: United States Dollar: The pound slipped below the 1.6100 figure on Wednesday in advance of Bank of England MPC minutes. The minutes, released at 9:30, stated that the base rate would remain on hold at 0.5% in the near term as members voted 7-2 in favour of leaving rates unchanged. The central ...
read more
GBP/USD weaker ahead of MPC meeting minutes
20/07/2011 |OzForex
:: United States Dollar: GBP/USD has traded a narrow range between 1.6100 and 1.6160 over the last 24 hours. Euro zone debt concerns have seemingly taken a back seat, although this might well change today ahead of the EZ emergency meeting on Thursday. Meanwhile US president Obama is feeling the ...
read more
Euro will bid despite EZ debt concerns
19/07/2011 |OzForex
:: United States Dollar: The pound fell to a low of 1.6005 vs. the US dollar on Monday as markets shunned risk. The move lower initially came off of the back of US TIC flows (Treasury International Capital) data coming in much weaker than expected. This measures the difference in value between ...
read more
Trichet comments drag euro lower
18/07/2011 |OzForex
:: United States Dollar: GBP/USD remains steady this morning. European bank stress tests delivered few surprises on Friday and so GBP/USD has traded a relatively quiet 1.6080/1.6120 range overnight. There was plenty of US economic data released on Friday too which failed to have an impact on the ...
read more
Euro lower ahead of European bank stress test results today
15/07/2011 |OzForex
:: United States Dollar: The pound has been steady vs. the US dollar over the last 24 hours and has managed to hold on to the 1.6100 mantle. It opens this morning at 1.6120. The USD remains on the back foot this morning following another threat, this time from Standard & Poor's, to downgrade ...
read more
USD lower following dovish Fed comments and threat from Moody''s
14/07/2011 |OzForex
:: United States Dollar: The USD moved sharply lower yesterday firstly in response to Fed Chairman Ben Bernanke's comments. In his testimony before the House Financial Services Committee he said that the Federal Reserve is ready to respond if stimulus is needed, including buying more government ...
read more
Short squeeze in EUR/USD despite downgrade
13/07/2011 |OzForex
:: United States Dollar: UK inflation data was released yesterday morning. It provided much needed relief to the Bank of England coming in below market expectations. CPI fell 0.1% in June, causing the year on year inflation rate to fall to 4.2% from 4.5% in May. At the same time UK Trade Balance ...
read more
