Daily Commentary
United States Dollar: Risk is on this morning after a bill was approved in the US House of Representatives to avoid the fiscal cliff. Congress voted in favour of a compromise deal ...
Unfortunately not much has changed since yesterday, both in what is being reported and how investors are reacting in the currency markets....
Focus remains squarely on the US budget as President Obama and Congress return to Washington today....
GBP/USD earlier dropped to the lowest level in more than a week after a report showed house prices in England...
The US dollar strengthened against most of its major counterparts yesterday as riskier currencies like the EUR, AUD and NZD were sold off...
GBP/USD remains steady this morning, positioned around 1.6262, after climbing to 1.6307 yesterday - its strongest level in almost three months....
GBP/USD strengthened for the fourth consecutive day and climbed to the highest level in three months as speculation grew that the BOE....
US Budget talks continue without any further formal release. The fiscal cliff negotiations are the biggest issue dominating the markets.....
Once again the US dollar struggled against all of its major counterparts (except the Japanese Yen) as the Federal Reserve
Another tough day at the office for the US dollar yesterday as discussions over the ‘fiscal cliff’ continue
Dealers' desk forex news is provided by OzForex Pty Ltd.
