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 07.59 Monday, 25 May 2015 Light Schedule this Week
The dollar managed to regain some ground last week, despite the US data remaining mixed/subdued in nature. The firmer tone to the dollar also came despite a generally dovish tone from the Fed minutes…..
As at As at 07.59 Friday, 22 May 2015 Sterling Boosted by Retail Sales Data
Sterling held a firmer tone on the exchanges yesterday, making gains against a basket of other majors. The moves higher by the currency came off the back of a much stronger than expected rebound in UK retail sales………………
As at As at 07.58 Thursday, 21 May 2015 Little news from central bank minutes
There was a generally subdued tone to currency markets throughout most of yesterday. For sterling, the BoE meeting minutes provided little in the way of new information. They showed that the decision to keep rates on hold had, as expected, remai...
As at As at 07.59 Wednesday, 20 May 2015 Dollar Strength, Euro Weakness Back in Vogue
The action on currency markets yesterday saw the dollar build on its firmer tone from the previous day, with the currency gaining 1-2% on the exchanges. A strong upside surprise from the housing starts data for May………
As at As at 07.59 Tuesday, 19 May 2015 Dollar showing some signs of resilience
There was a mixed tone to market sentiment yesterday. European risk appetite was not helped by the on-going concerns in relation to Greece and its ability to meet upcoming payments.…..