FX Alerts

Sterling down on weaker CPI data

GBPUSD down 35 pips to 1.5190 after better than expected CPI data, headline rate now 2.4% and first time for nearly a year that inflation better than expected.
Per saperne di più »

21/05/2013 @ 08:36 GMT

Australia Central Bank

Australia's central bank felt it needed to cut interest rates at its May meeting because the economy was still growing at a below-potential pace and inflation was not a threat. Yet minutes of the Reserve Bank of Australia's May 7 meeting revealed that board members were keenly aware that past rate cuts are still working through the economy.
Per saperne di più »

21/05/2013 @ 01:34 GMT

The waiting game

A predictably slow start to the week in FX markets. There are no major market moving data releases scheduled for today, with the market waiting for Wednesday. On this day, the minutes to the latest Fed meeting in the US will be released and the Fed Chairman Bernanke also speaks to Congress. As we mentioned in the Daily Brief, the market is becoming more sensitive to talk of a possible slowdown in the pace of asset purchases from the Fed, but we don't see this happening this until late summer at the earliest.
Per saperne di più »

20/05/2013 @ 12:12 GMT

Gold - Silver

Gold revisits the low of previous month and the same time Silver plunges to 20.15.
Per saperne di più »

19/05/2013 @ 23:08 GMT

USDCAD above 1.03

USDCAD 20 pips higher and above 1.03 on back of CPI, which showed annual rate falling to 0.4% (from 1.0%). The market was looking for a 0.6% outcome, with the core rate also a touch better than expected at 1.1% (from 1.4%). EURUSD down to 1.2820, with a number of stops taken out just ahead of the Canadian figures.
Per saperne di più »

17/05/2013 @ 12:37 GMT

NZDUSD at 6 months low

NZD falls vs peers. NZDUSD drops to 0.80901 (6 months low)
Per saperne di più »

17/05/2013 @ 02:28 GMT

Fed may reduce QE in the summer

USD recovered against both the EUR and JPY on Thursday after a top Fed official said the U.S. Federal Reserve could begin easing up on the monetary gas pedal this summer and end its bond buys late this year. "It will take further gains to convince me that the 'substantial improvement' test for ending our asset purchases has been met," John Williams, President of the Federal Reserve Bank of San Francisco, said in remarks prepared for delivery to a luncheon sponsored by the Portland Business Journal.
Per saperne di più »

16/05/2013 @ 19:36 GMT

Cable higher on latest BoE forecasts

GBPUSD around 20 pips higher to 1.5260 on BoE's latest forecasts upgrading growth and downgrading inflation. These latest projections, contained in their quarterly Inflation Report, are seen as reducing the change of more quantitative easing, which three members of the monetary policy committee have been voting for during the February to May period. We wait for next week to see the latest minutes and whether these 3 members have maintained this stance.
Per saperne di più »

15/05/2013 @ 09:39 GMT

GBP Claimant Count Change

GBPUSD stable after knee jerk reaction to GBP Claimant Count Change data. Currently GBPUSD at 1.5231.
Per saperne di più »

15/05/2013 @ 08:55 GMT

Dollar dominance

The dollar is once again dominant at the start of the European session. The weaker than expected German GDP data gave some impetus to the move, pushing EURUSD below the 1.29 level ahead of the Eurozone numbers due to be announced at 09:00 GMT. At the same time, USDJPY has carved out a new high for the year (again) at 102.62, with AUDUSD making a new low at 0.9852. The dollar itself (looking at the DXY dollar index) is 0.40% from the 2012 high (84.1). Breaking this would put the dollar at levels last seen nearly 3 years ago.
Per saperne di più »

15/05/2013 @ 08:00 GMT

live chat