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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 07.51 Wednesday, 28 Jul 2010 Euro Sees 11 Week Highs Versus Dollar
Continuing to benefit from a run of better than expected eurozone data, as well as the fact that investors are turning their attention from the eurozone sovereign debt crisis to worries that the US economic recovery may be losing steam, the euro...
As at As at 07.49 Tuesday, 27 Jul 2010 Euro Edges Higher Versus the USD
Underpinned by stronger market sentiment, the euro edged towards two month highs versus the dollar above the $1.30 level in early morning trade, though traders were cautious about bidding the single currency too high as markets await clarificati...
As at As at 07.33 Monday, 26 Jul 2010 Modest Rally for Euro on Bank Results
As it turned out Friday’s release of the results of the EU bank stress testing exercise proved not to be the event that would push the dollar/euro rate out of its recent range, with a move through the $1.30 level still eluding the single currency....
As at As at 08.02 Friday, 23 Jul 2010 Euro on Edge Ahead of Banking Reports
The euro has recovered from yesterday’s early morning sell off versus the USD which saw it fall all the way back to $1.2740, before better than expected eurozone data and strong US corporate earnings helped to push it back to the $1.29 level.....
As at As at 07.52 Thursday, 22 Jul 2010 Dollar Strengthens on Cautious Bernanke
The euro fell back versus the dollar over much of yesterday, with losses deepening after Fed Chairman Ben Bernanke expressed concern about the outlook for the US economy but stopped short of hinting that further policy easing could be in the pip...
