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All eyes on US non-farm payrolls

06/09/2013 | OzForex

United States Dollar: So it came as no surprise that the Bank of England left interest rates and QE on hold yesterday. There was a chance that Carney would make an accompanying statement but he didn’t, which meant there was no dovish steer from the central bank. GBP/USD ...
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GBP stronger after another strong PMI

05/09/2013 | OzForex

United States Dollar: GBP/USD opens higher this morning at 1.5610. It was boosted yesterday morning by the release of better than expected UK Services PMI data which printed at 60.5 vs. forecasts for 59.3. It’s the third consecutive ‘expectations beating’ PMI ...
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Aussie dollar continues its advance as GDP beats expectations

04/09/2013 | OzForex

United States Dollar: Construction PMI from the UK beat expectations yesterday morning – the index rose to its highest level in six years in August in fact. It leant initial support to GBP/USD and the pair traded to a high of 1.5590 on the news. It didn’t last long ...
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Aussie dollar rises after central bank leaves rates on hold

03/09/2013 | OzForex

United States Dollar: It’s been a lacklustre start to the week so far thanks largely to it being a public holiday in the U.S. yesterday. GBP/USD has traded a range between 1.5530 and 1.5590 since Monday morning and it opens this morning at 1.5560. Better than expected UK ...
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Aussie and Kiwi Dollars gain on strong Chinese PMI data

02/09/2013 | OzForex

United States Dollar: Last weeks on going situation in the middle east saw Sterling continue to move lower against the Safe haven dollar and combined with improved US data fuelling speculation of taping to US stimulus measures the pair fell to two week lows. Overnight reports of ...
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. Positive US GDP and Jobless claims data bolster views of Fed Stimulus tapering in September

30/08/2013 | OzForex

United States Dollar: GBP/USD peeled off during European and North American trading sessions yesterday as US GDP figures showed the economy grew at an annualized rate of 2.5% and Jobless claims feel from previous months. Initial Jobless claims came in slightly below an expected ...
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Carney sees Growth, US GDP expected while Syria Situation dominates risk

29/08/2013 | OzForex

United States Dollar: Yesterday was a turbulent time for sterling dollar as speculation ahead of the BoE Governor Mark Carney speech saw GBP/USD fall to its lowest level for two weeks. The pair had started the day above 1.55 however fears arose that the markets were set for ...
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All eyes on BoE Governor Speech

28/08/2013 | OzForex

United States Dollar: A barren day of UK data releases saw GBP/USD continue to trade risk off during yesterday’s sessions. Continued speculation of a Military intervention in Syria dominated early trading as soon after the European markets opened sterling fell against the ...
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Strong German business data affirms improving outlook...

27/08/2013 | OzForex

United States Dollar Markets traded slightly risk-off yesterday in an otherwise flat market. Major pairs were confined to narrow ranges and little significant movement was experienced throughout financial markets. The UK was enjoying a Bank Holiday in the sun ...
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Brazil acts as EM currencies come under increasing selling pressure

23/08/2013 | OzForex

United States Dollar: There’s an underwhelming feeling in the market following the FOMC meeting minutes earlier in the week. GBP/USD has steadied under 1.56, having traded to a low of 1.5562 yesterday. Attention this week has also been focused on problems facing the ...
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