Archive: February2016

Euro lower following fall in Feb CPI

29 Feb 2016
Share

United States Dollar: GBP/USD rose through yesterday as weak US pending home sales and Chicago purchasing managers index weighed on the dollar. Cable started the day around the 1.3870 mark and gradually shaved off a quarter of a cent through the mor…

Read more

Euro lower following fall in Feb CPI

29 Feb 2016
Share

United States Dollar: GBP/USD rose through yesterday as weak US pending home sales and Chicago purchasing managers index weighed on the dollar. Cable started the day around the 1.3870 mark and gradually shaved off a quarter of a cent through the mor…

Read more

Preliminary US GDP sends the dollar higher

28 Feb 2016
Share

United States Dollar: A surprise increase in preliminary US GDP for the fourth quarter sent the dollar higher on Friday. During morning trading Sterling had been making a small recovery, moving above the 1.40 level and hitting an intraday high of 1….

Read more

Preliminary US GDP sends the dollar higher

28 Feb 2016
Share

United States Dollar: A surprise increase in preliminary US GDP for the fourth quarter sent the dollar higher on Friday. During morning trading Sterling had been making a small recovery, moving above the 1.40 level and hitting an intraday high of 1….

Read more

Aussie and Kiwi higher as commodities rally

25 Feb 2016
Share

United States Dollar: The pound has staged a fightback over the past 24 hours after taking a pummelling due to Brexit worries at the start of the week. Boris Johnson’s decision to side with the leave camp on Sunday saw sterling plummet in the f…

Read more

Aussie and Kiwi higher as commodities rally

25 Feb 2016
Share

United States Dollar: The pound has staged a fightback over the past 24 hours after taking a pummelling due to Brexit worries at the start of the week. Boris Johnson’s decision to side with the leave camp on Sunday saw sterling plummet in the f…

Read more

GBP/USD drops below 1.39 on Brexit worries

24 Feb 2016
Share

United States Dollar: Sterling’s decent continued yesterday seeing it fall below 1.39 for the first time since March 2009 as worries about the UKs upcoming referendum on EU membership weigh on the currency. The uncertainty is hitting the pound …

Read more

GBP/USD drops below 1.39 on Brexit worries

24 Feb 2016
Share

United States Dollar: Sterling’s decent continued yesterday seeing it fall below 1.39 for the first time since March 2009 as worries about the UKs upcoming referendum on EU membership weigh on the currency. The uncertainty is hitting the pound …

Read more

GBP/USD drops below 1.39 on Brexit worries

24 Feb 2016
Share

United States Dollar: Sterling’s decent continued yesterday seeing it fall below 1.39 for the first time since March 2009 as worries about the UKs upcoming referendum on EU membership weigh on the currency. The uncertainty is hitting the pound …

Read more

Carney comments push pound lower

23 Feb 2016
Share

United States Dollar: Yesterday saw the Bank of England Governor, Mark Carney and other MPC members meeting the Treasury Select Committee at Parliament to discuss the latest Bank of England Inflation Report. At the hearing Carney acknowledged that th…

Read more