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Euro falls as equity markets extend their recovery

01/10/2015 | OzForex

United States Dollar: Equity markets extended their recovery yesterday; the S&P finished up 1.8%, the Nikkei finished up 1.92% and the FTSE is already up by 1.21% this morning. It’s not helped the pound’s cause though, nor did generally better than expected UK ...
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FX ranges steady ahead of much anticipated US labour data

30/09/2015 | OzForex

United States Dollar: Equity markets recovered a bit on Tuesday morning and with the slight improvement in risk appetite cable pushed briefly back through 1.52. It failed to hold though and opens this morning towards the lower end of its recent range at 1.5145. In terms of ...
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Euro up as global stocks are pummelled

29/09/2015 | OzForex

United States Dollar: Stock markets have been pummelled over the last 24 hours but GBP/USD has been fairly immune to it all. It’s traded a steady range since markets opened on Monday and sits at 1.5180 this morning. Meanwhile, the dollar had a mixed performance ...
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Cable looking vulnerable ahead of busier week for data

28/09/2015 | OzForex

United States Dollar: GBP/USD fell again on Friday. Yellen’s comments from last week were still ringing in investors’ ears; she strongly suggested that the Fed would be hiking interest rates by the end of year. US data was also strong on Friday – second ...
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Yellen signals lift-off in December

25/09/2015 | OzForex

United States Dollar: GBP/USD lost ground yesterday morning as European equity markets got off to a bad start and risk sentiment was showing few signs of improving. It dropped to an eventual low of 1.5200 but then reversed quickly and pushed back to a high of 1.5285. Weaker ...
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Euro strengthens as Draghi sits on the fence when it comes to QE

24/09/2015 | OzForex

United States Dollar: GBP/USD came under selling pressure from the offset of the London trading session on Wednesday and to fell to a low of 1.5220 by the late afternoon. Safe have dollar demand, following further weak data from China, contributed to the move whist healthy ...
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VW saga and China worries weigh on risk sentiment

23/09/2015 | OzForex

United States Dollar: The US dollar has continued to strengthen over the last 24 hours. There is growing consensus that the Federal Reserve will raise interest rates in December and this feeling was underlined yesterday following further hawkish comments from Atlanta Fed ...
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Dollar rallies as investors eye December lift-off

22/09/2015 | OzForex

United States Dollar: It was a steady start to the week yesterday. GBP/USD managed to get to 1.5566 before tumbling throughout much of the afternoon session. The dollar was broadly stronger, supported in part by hawkish comments from St. Louis Fed President James Bullard. ...
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Dollar able to recoup its post FOMC losses

21/09/2015 | OzForex

United States Dollar: The dollar continued its sell-off on Friday morning as Europe reacted to the FOMC’s announcement that it would be leaving the federal funds rate on hold and after the dovish accompanying statement. GBP/USD rallied early on in London and hit a high ...
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USD falls as Fed leaves interest rates on hold

18/09/2015 | OzForex

United States Dollar: The Fed left interest rates on hold last night. There was a slim (25%) chance that the central bank would hike interest rates by 0.25% but they didn’t, citing external influences, downward price pressures (from the likes of falling oil) and the ...
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