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Daily Look

Daily Look

Dollar bulls not reasserting themselves yet

August 5, 2014 - by - Leave a Comment

It’s all about services PMI data today and already overnight we’ve seen softer figures from China, but this doesn’t seem to have dented any of the indices or currencies as …

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Daily Look

Risk Gets Boost on BES Bailout

August 4, 2014 - by - Leave a Comment

The rough ride for equities last week appears to have run its course for the time being, as global sentiment has found a foothold this morning and is leading stocks …

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Daily Look

Focus on Europe this week in nonfarm aftermath

August 4, 2014 - by - Leave a Comment

The dollar gave back some ground on Friday following the worse than expected nonfarm payrolls and rise in unemployment across the pond.  It was the euro that benefitted most, finding …

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Daily Look

Pound stabilises after falling due to UK consumer credit

August 1, 2014 - by - Leave a Comment

GBP/USD has consolidated under the 1.70 level since Friday.  The pound fell on Tuesday after UK consumer credit data printed weaker than expected.  Mortgage approvals, released at the same time, …

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Daily Look

Nonfarm payroll day

August 1, 2014 - by - Leave a Comment

Investors are slowly but surely preparing themselves for higher rates as equity markets suffered a blow yesterday, the dollar continued to appreciate or at least hovered around its recent highs …

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Daily Look

Eurozone inflation data and weekly jobless claims watched

July 31, 2014 - by - Leave a Comment

In response to yesterday’s Outlook question, the answer is yes and in some style.  The US not only recouped its growth losses for Q1 by showing Q2 growth was 4%, …

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Daily Look

US GDP Data Ignites Risk Appetite

July 30, 2014 - by - Leave a Comment

As to be expected on a day packed with event risk such as ADP employment, the advanced reading on Q2 GDP for the US, and the conclusion of the latest …

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Daily Look

Confidence data boosted dollar

July 30, 2014 - by - Leave a Comment

Dollar bulls were given yet another boost yesterday as the US revealed better than expected consumer confidence data and the dollar index hit a fresh five and a half month …

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Daily Look

Dollar poised to improve on six week highs

July 29, 2014 - by - Leave a Comment

A lack of major economic releases yesterday meant for a slow day of trading but overnight the Yen has seen a little action as USDJPY hits a three week high …

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Daily Look

Dollar remains currency of the month for July

July 28, 2014 - by - Leave a Comment

As we enter the last few days of July we can safely say that it’s been the dollar recovery that’s been one of the outliers of the month.  The dollar …

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