Daily Commentary
United States Dollar: The British pound was the best performing currency on Monday, receiving early support against the greenback on the back of comments from BoE member Martin Weale published i...
United States Dollar: Risk was firmly off on Friday as the financial markets focused their attention on the escalating turmoil in Egypt. Consequently it should come as no surprise that the Swis...
United States Dollar: Sterling has recovered a great deal of its losses against the US Dollar since Tuesday, but remains below the big figure 1.6000. The Japanese Yen was weaker acro...
United States Dollar: Sterling has started to recover its losses against the US Dollar. Tuesday saw the release of UK GDP figures, which was a far cry from the forecast 0.5 % and sub...
United States Dollar: Well, a fairly subdued start to the week for cable was met with a little more volatility yesterday. When I say little, I mean large. The UK GDP figures were the...
United States Dollar: The start of the week saw fairly subdued price action for the GBP/USD pair, consolidating around the 1.6000 figure for most of the day. Early on, the pound wasn’t hel...
United States Dollar: There was little in the way of data state side on Friday, so all eyes were on the UK retail sales figures. As many believed, with the UK weather being as bad as what it was...
United States Dollar: Good economic data out of the U.S. revived investor demand for the greenback on Thursday, with the U.S. dollar trading higher against all of its major counterpart...
United States Dollar: Wednesday became the ninth day in a row that sterling strengthened against the U.S. dollar, as the December jobless claims figures from the U.K. came in at their lowest lev...
United States Dollar: Sterling was able to gain 0.5% against the USD during the Asian session on Tuesday, helped by a broad greenback sell off ahead of the start U.S. earnings season and some so...
Dealers' desk forex news is provided by OzForex Pty Ltd.
