Market Info

View market info for:

USD remains strong on safe haven demand as concerns over peripheral Europe persist

24/07/2012 | OzForex

United States Dollar: Sterling fell to a one-week low of 1.5486 versus the USD on Monday, a fall of nearly 0.9% as further declines in the EUR/USD pair dragged cable down to the lower end of its recent trading range. Broadly speaking the USD was strong across the board as the ...
read more

Spanish woes push GBP/EUR to new highs

23/07/2012 | OzForex

United States Dollar: GBP/USD tracked to a low of 1.5615 on Friday, broadly following the downward move in the EUR/USD pair which fell to 2-year lows as renewed concerns regarding the state of Spanish regional finances weighed heavily. UK Public Sector Net Borrowing numbers ...
read more

GBP/EUR trades above 1.2800 as euro weakness prevails

20/07/2012 | OzForex

United States Dollar: Sterling performed well against the USD yesterday, bolstered by strong sales in the EUR/GBP cross which fell to a fresh 3-1/2 year low. Cable traded to a 4-week high of 1.5737 during afternoon trading on Thursday, with gains in the pound at odds with a ...
read more

Sterling rises to a two-week high versus the USD

19/07/2012 | OzForex

United States Dollar: GBP initially declined on the release of the Bank of England minutes yesterday, a likely consequence of the fact that it was revealed that the UK central bank had discussed a possible cut to the 0.50% bank rate at their last policy meeting. The minutes also ...
read more

Market focus on UK jobs data and Bank of England minutes

18/07/2012 | OzForex

United States Dollar: A weaker than expected UK inflation number for June took GBP/USD off its early highs around 1.5668 on Tuesday and losses for the GBP/USD pair continued into the afternoon as Fed Chairman Ben Bernanke told lawmakers that the US central bank stood ready to ...
read more

Market awaits Fed Chairman Bernanke''s testimony

17/07/2012 | OzForex

United States Dollar: The main theme driving the FX markets on Monday was USD weakness on the back of the third consecutive monthly decline in US retail sales figures, the first time this has occurred since 2008. Predictably the soft domestic economic data prompted market ...
read more

Sterling remains close to 3-1/2 year highs versus troubled euro

16/07/2012 | OzForex

United States Dollar: GBP/USD ended the week on a strong note with the pair closing on Friday at its highs around 1.5580. The catalyst for the break higher in risky FX wasn’t ever established but short covering in EUR/USD on reports of a large interbank EUR ...
read more

GBP falls to a 5-week low against the USD

13/07/2012 | OzForex

United States Dollar: GBP fell to a 5-week low of 1.5393 versus the US dollar yesterday as the world’s reserve currency continued to be strongly underscored by a safe-haven bid, with the USD index (which measures the performance of the US dollar versus its major ...
read more

EUR continues its decline against USD and GBP

12/07/2012 | OzForex

United States Dollar: GBP/USD started the day strongly yesterday with the pair seeing good interbank demand take it through resistance at 1.5500 onto an intraday high of 1.5578. Unfortunately the gains for the pound didn’t last as selling in the GBP/EUR cross and a ...
read more

GBP makes new highs above 1.2600 against troubled EUR

11/07/2012 | OzForex

United States Dollar: Better than expected UK manufacturing and industrial production numbers boosted cable from 1.5505 to 1.5550 during morning dealing on Tuesday but this level capped any further gains for the day with GBP/USD falling to a low of 1.5478 during afternoon ...
read more