Daily Commentary
United States Dollar: Cable maintains its gains, but is off the highs this morning. GBP/USD saw a quieter day yesterday as a bank holiday in the UK saw no domestic data releases an...
United States Dollar: The pound got a boost from better than expected UK Services PMI on Friday, yet another positive UK economic data release. The data showed that the UK service ...
United States Dollar: Cable movement remains within recent ranges. Thursday was kicked off with UK construction data, which showed a climb back towards growth. The figure remained ...
United States Dollar: Sterling pushed, but failed to break 1.5600 versus the Greenback overnight. As mentioned in yesterday’s commentary, manufacturing data came in greater t...
United States Dollar: US data helps cable push higher. Tuesday provided a lot of data for the market to swallow and there were some key releases in the UK and US. We started yester...
United States Dollar: The Pound is unable to maintain its gains against the US Dollar. Monday morning we saw continuous gains for cable following on from the positive movement at t...
United States Dollar: Cable holds overnight gains as demand for Sterling remains. The news last week that the UK economy avoided a triple-dip recession has increased demand for the...
United States Dollar: Sterling pushes higher against the US Dollar. No surprises as to why this has occurred with yesterday’s GDP figures showing that the UK avoided a triple...
United States Dollar: Sterling opens higher across the board following better than expected UK GDP data released at 9:30 this morning. Q1 GDP printed at 0.3% vs. expectations for g...
United States Dollar: Cable traded within a 70 pips range yesterday. UK data did little in the way to support the Pound on Wednesday and its early gains against the US Dollar, but ...
Dealers' desk forex news is provided by OzForex Pty Ltd.
