Market Info

View market info for:

Sterling higher on expectations the economy returns to growth in Q3

23/10/2012 | OzForex

Sterling rose against the USD yesterday as an independent report showed that UK insolvencies declined in September boosting confidence that an economic recovery in the UK is strengthening. The report has helped to support the Pound as the markets look tow
read more

Risk back on following poor Corporate Earnings and soft US data

22/10/2012 | OzForex

The US Dollar took back ground it had lost against the Euro and GBP last week, during on Friday’s session. Cable sunk back below 1.6 to 1.5990 and EURUSD fell back to 1.3030
read more

USD Climbs on weak US Jobs Data and poor Google earnings release

19/10/2012 | OzForex

USD climbed yesterday against the Euro and Sterling following worse than expected initial jobless numbers from States and weak corporate earnings from Google
read more

UK retail sales increase and EU summit begins in Brussels

18/10/2012 | OzForex

Strong jobs data yesterday and better than expected retail sales from the UK this morning have helped to give the Pound a boost against the USD, supporting its recent move above 1.61
read more

Euro surges as Moody''s maintains Spain’s credit rating

17/10/2012 | OzForex

The Euro was higher against 14 of its 16 major peers yesterday following the announcement from Moody’s and the continued speculation of good news surrounding Spain’s bailout request.
read more

Risk appetite returns on positive US data and anticipation of Spanish bailout

16/10/2012 | OzForex

Optimism returned to the markets on Tuesday morning with the US Dollar opening weaker against the Euro and GBP following strong US retail sales on Monday and growing anticipation that Spain will request a formal bailout soon.
read more

Markets search for direction amidst muted recovery prospects

15/10/2012 | OzForex

Hopes of global recovery, fuelled last week by better than expected US jobs data, have been tempered by forecasts of a lacklustre third quarter earnings season that has seen the Dow Jones Industrial Average fall 2.1 precent in the last week.
read more

Risk on following strong US jobless data

12/10/2012 | OzForex

United States Dollar Marginal risk appetite returned to the markets yesterday boosted by a strong US jobless figure. The USD weakened as investors sought higher yielding assets and reversed gains posted earlier in the week. Despite the Dollar positioning itself for ...
read more

S&P downgrade Spain to near junk status

11/10/2012 | OzForex

Credit ratings agency Standard & Poor’s cut Spain’s credit rating from BBB+ to BBB- one level above junk status.
read more

GBP weaker as trade deficit widens

10/10/2012 | OzForex

The pound has come under selling pressure in the last 24 hours. It started yesterday morning following the release of weaker than expected UK economic data
read more