Daily FX Commentary

27 November 2015 - Thanksgiving calm before next week''s storm

By Alex Edwards
United States Dollar: Trading conditions were rather thin yesterday with it being Thanksgiving in the U.S. GBP/USD was sold off in the early morning session, mostly a result of ... read more

26 November 2015 - Aussie gives up gains after weak overnight data

By Alex Edwards
United States Dollar: The pound appreciated vs. the USD yesterday as UK Chancellor Osborne delivered his Autumn Statement. Growth forecasts for 2015-16 were left unchanged at 2.... read more

25 November 2015 - Pound feels the pressure as Carney sounds dovish

By Alex Edwards
United States Dollar: GBP/USD fell steadily throughout the day yesterday. EUR/GBP was well bid in the early morning session which weighed on the currency pair. The pound came u... read more

24 November 2015 - Pound ranges steady as markets eye Inflation Report Hearings

By Alex Edwards
United States Dollar: GBP/USD started the day under 1.52 yesterday and was steady throughout most of the morning session. It spiked to 1.5180 come mid-afternoon and in response ... read more

23 November 2015 - Markets cautious ahead of BOE Inflation report

By James Mills
United States Dollar: The dollar opens on the front foot this morning as investors remain cautious ahead of this week’s Bank of England Quarterly inflation report. The end of... read more

19 November 2015 - Dollar weakens as investors left feeling flat on Fed minutes

By Alex Edwards
United States Dollar: GBP/USD climbed steadily throughout the day yesterday. It was supported early on by some fairly hawkish comments from the Bank of England’s Ben Broad... read more

18 November 2015 - Euro under more pressure as investors eye US FOMC Minutes

By Alex Edwards
United States Dollar: Headline UK CPI printed in line with market expectations yesterday at -0.1% y/y. The core number, which excludes food, energy and booze, was a bit stronger... read more

17 November 2015 - Inflation numbers in focus today as dollar and equities strengthen

By Alex Edwards
United States Dollar: Investors took a fairly cautious approach to trading on Monday following the terrorist attacks in Paris on Friday eve. The dollar initially firmed on safe ... read more

16 November 2015 - Stock markets fall after Paris terror attacks

By Jake Trask
United States Dollar: Friday saw American data underperform with Retail Sales, Core Retail Sales, PPI and Core PPI all miss forecast. Cable pushed higher in the immediate afterma... read more

13 November 2015 - Dollar weakens as Fed speakers take dovish stance

By Alex Edwards
United States Dollar: GBP/USD got a boost from increased selling in the EUR/GBP pair on Thursday, this coming off the back of various dovish comments from ECB President Draghi. ... read more

12 November 2015 - AUD smashes higher after positive overnight employment numbers

By Alex Edwards
United States Dollar: GBP/USD fell to a low of 1.5142 yesterday morning following the release of weaker than expected UK wage data. Jobs data, released at the same time, was pos... read more

11 November 2015 - Pound recovers ahead of wage growth data

By Jake Trask
United States Dollar: The pound has managed to recoup some of its losses after last week’s better than expected Non-Farm Payrolls from the States. After trading as low as 1... read more

10 November 2015 - Ranges steady ahead of central banker speeches later in the week

By Alex Edwards
United States Dollar: The dollar weakened yesterday and GBP/USD recovered. The pair traded to a high of 1.5125 by the end of the day on Monday and has held relatively steady thr... read more

09 November 2015 - Dollar soars after NFP beats forecast

By Jake Trask
United States Dollar: It was a good day for the dollar on Friday as the latest employment data from America beat estimates sending the dollar higher. Octobers Non-Farm Payroll ca... read more

06 November 2015 - ''Super Thursday was a Bad day for Sterling

By Dean Weller
United States Dollar: The Greenback remained broadly higher against most major currencies throughout Thursday’s session. The echoes of Yellens comments still ringing out of... read more

05 November 2015 - Remember Remember, it''s Super Thursday!

By Alex Edwards
United States Dollar: The USD strengthened again yesterday as US data including trade balance and ISM Non-Manufacturing PMI both beat market expectations. US ADP Non-Farm Employ... read more

04 November 2015 - GBP/EUR trades to 3 month highs as Asian stocks rally

By Alex Edwards
United States Dollar: The dollar continued to strengthen yesterday. GBP/USD fell to a low of 1.5365 but bounced back come the mid-afternoon as data showed that US factory orders... read more

03 November 2015 - Aussie dollar higher as RBA leave rates on hold

By Alex Edwards
United States Dollar: The pound got a boost from the release of better than expected UK manufacturing data on Monday. The index for October printed at 55.5 vs. expectations for ... read more

02 November 2015 - Big week for the pound & dollar as Super Thursday and US jobs data eyed

By Alex Edwards
United States Dollar: Month end selling of the USD kicked in on Friday and saw the dollar fall across the board, this despite the release of stronger than expected Chicago PMI re... read more

30 October 2015 - Dollar slips back as GDP numbers shrugged off

By Alex Edwards
United States Dollar: The dollar has given up some of its post FOMC gains and opens lower vs. both GBP and EUR. GBP/USD trades at 1.5340 this morning. It fell to a low of 1.524... read more

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