FX News
Looking to gain that extra insight into the FX markets? Every morning our team hunts down the latest news that will affect your currency transfer rate, so you know what to expect over the coming day/week.
Check out our blog every morning to see the latest news that will affect your currency transfer rate, so you know what to expect over the coming day/week.
A busy few days in the FX markets concludes today with the, as ever, highly anticipated US Non-Farm Payrolls report. The expectation (particularly after Wednesday’s disappointing ADP private employment report) is that the data will point to continued weakness in the US labour market.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
Trading throughout yesterday and overnight saw various currency pairings test record levels, as markets reacted to various comments from central governments in addition to the usual data releases. EUR/USD is looking to a break the $1.40 level, with comments from the US administration suggesting that it is happy with the...
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
The euro saw fresh highs of $1.3870 versus the dollar late yesterday, remaining firm overnight, as it continues to be supported by talk of further action from the Fed. Comments from the Chicago Fed President that he favours “much more accommodation than we’ve put in place” have further fuelled talk...
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
As a summation of last week however, the US Dollar weakened against all of the major currencies on Friday, continuing the trend for the week. Despite US data being largely positive, dovish comments from the Fed have again provided the trigger for a bout of general USD weakness.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
A largely uneventful day yesterday saw few major swings between the major currencies. The Main event of note was related to the Euro, falling from near a five- month high against the dollar after Ireland’s Central Bank published new estimates of the capital requirements of Irish banks.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
After a quiet Monday, yesterday was an eventful day on the currency markets, with (in the UK at least) various officials and commentators doing their best to make up for the relatively quiet data calendar. Sterling rallied mid morning, threatening the 1.5900 level against the Dollar after Q2 GDP growth...
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
Aside from the light data calendar, scant direction from equity markets saw most of the major currencies confined to recent ranges. GBP/ EUR and GBP/USD have traded within just over a half cent range over the last 24 hours.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
Sterling rallied to a six-week high against the dollar on Friday as the U.S. currency came under broad selling pressure. Weak U.S. housing market data has again highlighted weakness in the economy. Poor new new home sales helped push the pound up more than 1 percent on the day versus...
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
After a very poor start to the week, sterling has finally found some support which looks like it comes from weakness in the other currencies rather than actual pound strength. The Euro has come off from its recent highs following yesterday’s worse than expected data.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
The US Dollar had one of its worst days in some time yesterday falling against most of the Majors. The Euro lead the way managing to climb from around 1.31 to above 1.34 in a day although it has come off a little this morning.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
- 2013
- 2012
- 2011
- 2010
Archives
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
- 2013
- 2012
- 2011
- 2010