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Euro lower again after talk of negative interest rates

27/03/2014 | OzForex

United States Dollar: GBP/USD has risen steadily over the last 24 hours, buoyed in part by BoE MPC member Weale’s comments yesterday. Weaker than expected US Capital Goods Orders data was also a contributing factor and saw the USD weaken vs. the pound during the afternoon ...
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Volatile euro reacts to ECB comments on deflation

26/03/2014 | OzForex

United States Dollar: UK inflation data printed in line with market expectations yesterday. CPI in February fell to 1.7% y/y. Heading in to the release there were growing concerns that given the heavy discounting by UK retailers last month the data would print weaker than 1.7%. ...
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GBP/USD steady under 1.65 ahead of UK inflation

25/03/2014 | OzForex

United States Dollar: GBP/USD fell to a low of 1.6465 yesterday, dragged lower by the sell-off in EUR/USD. The pair then proceeded to trade a steady range just under 1.65. Late in the day it spiked to 1.6535, but it was only a spike, and it quickly fell back under 1.65 as Asia ...
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FX markets steady after the excitement of the FOMC

24/03/2014 | OzForex

United States Dollar: It was a quiet finish to the week last week. GBP/USD hugged the 1.65 level for most of Friday’s session but then bumped to a low of 1.6457 at the very end of the day. It seems investors were keen to take a bit of a breather following the excitement of ...
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Dollar strength continues in aftermath of FOMC

21/03/2014 | OzForex

United States Dollar: The USD has continued to strengthen post FOMC statement. The strong Philly Fed Manufacturing data released yesterday also supported dollar gains - the index rebounded in March, jumping to 9.0 from a negative 6.3 reading in February. GBP/USD has fallen under ...
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Yellen: considerable time is..

20/03/2014 | OzForex

United States Dollar: UK unemployment data printed in line with expectations yesterday morning at 7.2%. Average earnings and claimant count data, which came out at the same time, beat market forecasts but investors were reluctant to bid cable higher simply on these numbers, ...
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Important day ahead for the pound with key data due

19/03/2014 | OzForex

United States Dollar: Developments in Eastern Europe continue to grab the headlines. GBP/USD recovered off of 1.6585 yesterday as Putin said in a speech that Russia wanted peace with Ukraine. Stocks recovered as investors’ appetite for risk gradually improved throughout ...
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Ranges steady in advance of big data tomorrow

18/03/2014 | OzForex

United States Dollar: Tensions began easing in Crimea yesterday and financial risk appetite improved gradually throughout the day, this despite the roll-out of various sanctions against Russia. US economic data on the day was a bit mixed – the Empire State Manufacturing ...
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Markets steady post Crimea vote

17/03/2014 | OzForex

United States Dollar: GBP/USD meandered around and close to 1.66 on Friday morning. Weak UK trade balance saw the pair fall to a low of 1.6587 – the trade deficit widened in January to £9.8 billion vs. expectations for -£8.7 billion. Waning risk sentiment, ...
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ECB comments whip up the euro

14/03/2014 | OzForex

United States Dollar: Cable popped higher through 1.67 yesterday morning as the greenback lost ground across the board. The pair tracked the EUR/USD higher as the single currency was heavily bid throughout most of the early European session. Risk sentiment was generally ...
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