07 Oct 2015

Expect Currencies To Move Within Recent Ranges Today

On the currency front, the light nature of the data/events calendar meant, as expected, that there was little to provide fresh direction. However, disappointing US trade data for

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05 Oct 2015

This Week can the EUR/GBP break 74 Pence?

Weak growth in payrolls (+142k), as well as a downward revision to August’s already disappointing result raised fresh doubts about the likelihood of the Fed hiking rates thi

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02 Oct 2015

Traders Waiting for Non-Farm Jobs Report Before Making Dollar Moves

On currency markets, the main FX pairs spent most of the day confined to narrow ranges, which may be reflective of some wait and-see behaviour ahead of today’s key U

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30 Sep 2015

Weak EU Inflation May Affect Euro

On the FX front, the main pairs spent most of the day within narrow ranges. A larger than expected fall in German inflation in September (-0.2% vs forecast -0.1%) was also unhelpf

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28 Sep 2015

Dollar Benefits from Fed Speakers Supporting Rate Rise

The dollar benefited from a raft of more hawkish Fed speakers (downplayed potential impact from overseas developments). They reaffirmed that it would likely be appropriate to star

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25 Sep 2015

Yellen Comments Supports Dollar

In level terms, the EUR/USD pair, which had traded up near $1.13 at one point, fell back to around the mid $1.11 mark. Cable (GBP/ USD) edged down closer towards $1.52. Meanwhile,

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