Market Info

View market info for:

GBP/USD and EUR/USD steady in advance of central bank decisions

10/01/2013 | OzForex

United States Dollar: Risk is back on this morning following the release of much better than expected Chinese trade data overnight; the country’s trade surplus in December printed at a massive $31.6 billion vs. expectations for $20.1 billion. Most major currencies rose ...
read more

Rumours of a French sovereign downgrade weigh on the euro

09/01/2013 | OzForex

United States Dollar: Markets have been fairly quiet over the last 24 hours. GBP/USD has drifted lower after starting the day yesterday close to the 1.6100 figure. It opens this morning at 1.6050 having traded a steady range in Asia. Rumours of a French downgrade yesterday ...
read more

Euro higher as expectations for an ECB rate cut diminish

08/01/2013 | OzForex

United States Dollar: Good support came in at 1.6000 in cable yesterday. Amid a lack of data (over the last 24 hours) GBP/USD pushed slowly higher from 1.6010 to an overnight high of 1.6127. The release of better than expected house price data from the Halifax yesterday morning ...
read more

GBP/USD holds 1.6000 before rebounding post US NFP

07/01/2013 | OzForex

United States Dollar: The pound slipped to a low of 1.6010 vs. the US dollar on Friday, the decline prompted in part by the weaker than expected UK Services Purchasing Managers’ Index which came in at 48.9 vs. expectations for 50.4. This print meant that the service sector ...
read more

USD firms up following hawkish FOMC minutes

04/01/2013 | OzForex

United States Dollar: The US dollar continued to strengthen yesterday after the minutes of Federal Reserve Meeting, released last night, were slightly more hawkish than many investors were expecting. They showed that policy makers are starting to grow wary of further asset ...
read more

Traders quick to take profit following post US deal rally in GBP/USD

03/01/2013 | OzForex

United States Dollar: Risk remains on this morning following the news that the US has avoided its fiscal cliff. Traders in the FX market though have been quick to take profits following the risk associated sell off in the USD. After trading above the 1.6350 level yesterday cable ...
read more

Risk on as US bill is approved to avoid fiscal cliff

02/01/2013 | OzForex

United States Dollar: Risk is on this morning after a bill was approved in the US House of Representatives to avoid the fiscal cliff. Congress voted in favour of a compromise deal between the Republican and Democratic parties that will see tax rises for the wealthiest 2% in the ...
read more

Markets on the edge as we approach the cliff

28/12/2012 | OzForex

United States Dollar: Unfortunately not much has changed since yesterday, both in what is being reported and how investors are reacting in the currency markets. President Obama and lawmakers will meet at the White House today to try and revive negotiations that have ...
read more

Risk down over Christmas break

27/12/2012 | OzForex

United States Dollar: Focus remains squarely on the US budget as President Obama and Congress return to Washington today and have just five days to reach a deal to avoid more than $600 billion in automatic spending cuts and tax increases. A general risk-off mood over the ...
read more

Aussie/ Kiwi Dollars Remain Lower on Fiscal Cliff Concerns

24/12/2012 | OzForex

United States Dollar: GBP/USD earlier dropped to the lowest level in more than a week after a report showed house prices in England and Wales fell for a sixth month in Dec. Sterling fell to 1.6140, the lowest since Dec 14 before moving back up above 1.6200. At the time ...
read more