Market Info

View market info for:

Core CPI numbers support Sterling

14/01/2015 | OzForex

United States Dollar: A volatile day for Sterling yesterday as official figures showed UK inflation fell to its lowest level since May 2000. Annualised Consumer Price Index for December fell to 0.5% vs 1% in November while monthly consumer prices were unchanged. Economists ...
read more

Commodity currencies slide as metal prices slump again

13/01/2015 | OzForex

United States Dollar: It was a relatively quiet day in FX yesterday. The dollar made some early gains and GBP/USD fell to a low of 1.5105. The pound was also dragged lower by news that a UK based pharmaceutical company had agreed a deal to buy a US competitor. There turned ...
read more

Dollar weakens as traders look beyond the solid US jobs report

12/01/2015 | OzForex

United States Dollar: The dollar has softened a little since Friday, this despite the release of a stronger than expected US jobs report. Non-Farm employment data showed that 252,000 jobs were added to the economy in December vs. expectations for 241,000. The dollar did ...
read more

Dollar index closes in on ten year highs

09/01/2015 | OzForex

United States Dollar: The greenback has continued to strengthen and the dollar index is trading at close to 10 year highs. GBP/USD fell to a low of 1.5034 yesterday as the pound felt the wrath of heavy demand for the buck. The pound is also suffering as but as a result of a ...
read more

Dollar remains strong in wake of latest FOMC minutes

08/01/2015 | OzForex

United States Dollar: The theme in currency markets on Wednesday was one of dollar strength. GBP/USD started the day at 1.5150 but gradually lost ground throughout the morning. These losses accelerated following the release of better than expected U.S. ADP Non-Farm ...
read more

Dollar broadly firmer ahead of FOMC minutes

07/01/2015 | OzForex

United States Dollar: The pound fell again on Tuesday following the release of weaker than expected UK Services PMI. The index printed at 55.8 vs. 58.9 showing that the services sector grew at its slowest pace in nineteen months in December. Meanwhile, the Bank of England ...
read more

Euro falls to nine year lows vs. the dollar

06/01/2015 | OzForex

United States Dollar: GBP/USD remains on the back foot this morning having been dragged lower by the sell-off in EUR/USD since the start of the week. It dropped to a low of 1.5202 yesterday afternoon, whilst the pound was also pressured lower by the release of weaker than ...
read more

Euro lower as QE expectations grow

05/01/2015 | OzForex

United States Dollar: The dollar has started the first trading week proper of 2015 on a high note having made significant gains against across the board over most of its trading peers. Cable currently trades at an 18 month low of 1.53 and was briefly as low as 1.52 in the ...
read more

Euro ends 2014 near multi-year lows

31/12/2014 | OzForex

United States Dollar: It’s been a quiet 24 hours in the currency markets with thin trading due to the Christmas/New Year holidays. Cable has traded between 1.55 and 1.5575 over the past day and currently sits at 1.5560. Yesterday saw the Nationwide House Price Index show ...
read more

Greek parliament vote in focus

29/12/2014 | OzForex

United States Dollar: With thin trading conditions due to the Christmas holidays there has been little movement in most crosses since Christmas Eve. Cable has traded between 1.5505 and 1.5585 and currently sits at 1.5565. The Greenback remains well bid after the strong final ...
read more