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Morning Comment: Archived Editions
Detailed below are the morning comments for the last 5 working days. Please select a comment from those below to view the full details, or alternatively you can select a date from the followng drop down box:
As at As at 07.50 Monday, 20 May 2013 Dollar in the Ascendancy
The dollar defied conventional market logic last week by making further gains, despite a lot of poor US data releases. Comments by a number of Fed officials indicating that its asset purchase programme may soon start to be scaled back, saw the d...
As at As at 08.05 Friday, 17 May 2013 Fed Comments Give Fresh Support to the Dollar
Persistently weak data from the US this week finally caught up with the dollar yesterday, as it fell back against a basket of major currencies. Weak US housing starts, jobless claims and survey data all hit dollar sentiment and saw the currency ...
As at As at 07.50 Thursday, 16 May 2013 Euro Hurt by Continued Weak Data
Weaker than forecast flash eurozone Q1 GDP saw the euro trading down against all the main currencies yesterday. The weak data strengthened speculation that the ECB could engage further monetary easing. The same speculation has been cited as an o...
As at As at 07.50 Wednesday, 15 May 2013 Forex Markets Dominated by Dollar Strength
Good industrial production data from the eurozone had little enough impact on the euro yesterday. Instead, it is the dollar strength that continues to dominate on forex markets. The US currency is making gains on all fronts, as good US data are ...
As at As at 07.45 Tuesday, 14 May 2013 Forex Markets Settle Down After Recent Moves
A relatively quiet day on forex markets yesterday after all the action towards the end of last week. The only major data release was US retail sales for April, which were slightly better than expected, posting a rise of 0.1% in the month. The do...
