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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 07.25 Wednesday, 10 Mar 2010 Sterling On The Back Foot
While yesterday was generally a quiet day on forex markets, sterling remains very much on the back foot and hit its low for the week against the dollar to trade below $1.50. . .
As at As at 07.29 Tuesday, 09 Mar 2010 Euro Recovery Falters
The euro fell back against the dollar and yen overnight, with traders taking profits on recent moves ahead of key meetings between the US and Greece. Greek PM Papandreou was said to be seeking support from the Obama administration to rein in mar...
As at As at 07.33 Monday, 08 Mar 2010 Euro and Sterling Find Some Support
The euro and sterling have started the week higher against the dollar and yen, with general market appetite for risk boosted by Friday’s relatively positive US non-farm payrolls report for February, which has boosted hopes for recovery in the gl...
As at As at 07.58 Friday, 05 Mar 2010 Markets Cautious Ahead of Payrolls
The euro received an initial modest boost yesterday from a strong Greek bond auction. However, once again attempts to the upside proved to have little momentum, with the currency retreating as the ECB affirmed that official interest rates in the...
As at As at 07.53 Thursday, 04 Mar 2010 Euro Recovery Lacks Momentum
The euro was lifted versus the dollar and yen following yesterday’s announcement from Greece that it plans to introduce a further €4.8 billion austerity plan.....