Daily Look

Sterling lost ground yesterday ahead of today’s annual Budget from the UK Chancellor’s Budget, but it still has come way to go to unwind its recent strength, in particular against …

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Gold is softer again this morning as its attempt to run up to the $1400 level falters. Yesterday saw the precious metal decline some $20 bringing it back from its …

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The major risk event over the week end is now behind us and as is often the case we’ve seen a “buy the rumor, sell the fact” situation where safe …

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Yesterday, the single currency appeared to be on a relentless push towards the 1.40 level on EURUSD before Draghi put his oar in. The ECB President suggested that the ECB’s …

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The concerns surrounding China at present are double-pronged. The issue of the build-up of mis-directed and excessive lending over recent years had never been far from the headlines. But there …

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The dollar has been on a slow and measured recovery over the past few sessions in the wake of the four and a half month low in the dollar index …

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The euro is coming under some pressure early on during the European trading session, but this follows from what has been a relatively strong performance, which saw EURUSD push more …

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As always, the desire is for clarity from the US jobs numbers. The reality is that we are only slightly wiser after the event. The headline establishment survey number was stronger …

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The dollar took a beating yesterday as investors rushed into the euro following the ECB meeting that saw President Mario Draghi defy market expectations. An increase in growth forecasts and …

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The dollar has been steadily recouping some ground overnight in particular against the Yen as USDJPY gets itself back to the 102.75 level and could have the impetus behind it …

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