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Daily FX Market Commentary 09/03/2016

Good morning, please see today’s entry to our Daily FX Market Commentary.

The USD
Yesterday saw the USD press back slightly against the GBP, but the movements were not particularly wild. The top of the day was 1.4260 and the low of the day came in at 1.4180 and after some back and forth, this is largely […]

By |March 9th, 2016|FX Market Commentary, News|0 Comments

Daily FX Market Commentary 08/03/2016

Good morning, please see today’s entry to our Daily FX Market Commentary.

The USD
The USD lost yet more ground yesterday as the GBP pushed back still more ground. There were some major events happening in the markets but not necessarily linked to the data releases we normally watch for (though the US did have some poor […]

By |March 8th, 2016|FX Market Commentary, News|0 Comments

Daily FX Market Commentary 07/03/2016

Good morning, please see today’s entry to our Daily FX Market Commentary.

The USD
The USD lost more ground on Friday as the GBP surged back and recovered some of its lost ground from the week before. A range of 1.4115 right through to 1.4245 played out over the day but ebbed back towards the weekend. As […]

By |March 7th, 2016|FX Market Commentary, News|0 Comments

Daily FX Market Commentary 04/03/2016

Good morning, please see today’s entry to our Daily FX Market Commentary.
The USD
The USD lost ground against the GBP considerably during the last two days as a few factors returned buoyancy to the GBPUSD.

A meeting in the US discussed a slightly more negative view of factors that may enable them to commit to their interest […]

By |March 4th, 2016|FX Market Commentary, News|0 Comments

Daily FX Market Commentary 02/03/2016

Good morning, please see today’s entry to our Daily FX Market Commentary.

The USD
The GBP has shown some signs of pressing back and holding off further advances from the strength of the USD. Yesterday the GBPUSD saw a low of 1.3918 and a high of 1.4010 and right now I have a rate of 1.3956.

This despite […]

By |March 2nd, 2016|FX Market Commentary, News|0 Comments

Daily FX Market Commentary 29/02/2016

Good morning, please see today’s entry to our Daily FX Market Commentary.

The USD
There has already been a bit of a spike in the GBPUSD this morning, but ultimately the rate is still showing some very weak GBP value.

We have been as low as 1.3843 and then briefly saw a surge to 1.3910 before sharply dropping away […]

By |February 29th, 2016|FX Market Commentary, News|0 Comments

Daily FX Market Commentary 26/02/2016

Good morning, please see today’s entry to our Daily FX Market Commentary.
The USD
The USD’s relentless march this week did finally meet some resistance during play yesterday, facing however, only a slow retreat. Given the improvement in some economic data from the States and the fact that the UK did not exceed (but did indeed hit) […]

By |February 26th, 2016|FX Market Commentary, News|0 Comments

Daily FX Market Commentary 25/02/2016

Daily FX Market Commentary
Good morning, please see today’s entry to our Daily FX Market Commentary.

The USD
Again, the Dollar continued it’s march against the Pound. The talk of the week – being the decisions of London City chiefs to back an exit of the UK from the European Union – has led investors to seek the […]

By |February 25th, 2016|FX Market Commentary, News|0 Comments

Daily FX Market Commentary 24/02/2016

Good morning, please see today’s entry to our Daily FX Market Commentary.
The USD
Losses continued, although at a slower pace as the GBPUSD pressed down to 1.3960 at one stage before recovering dome ground. As I write this morning we are trading at GBPUSD 1.3980.

Still largely to blame are those seeking cover from risk over the […]

By |February 24th, 2016|FX Market Commentary, News|0 Comments

Daily FX Market Commentary 23/02/2016

Good morning, please see today’s entry to our Daily FX Market Commentary.
The USD
Well the interpretation of the Mayor of London – followed by a string of others, certainly gave the markets licence to punish the GBP, much more than I had thought in the earlier hours of yesterday morning.
Does this bit of news translate into […]

By |February 23rd, 2016|FX Market Commentary, News|0 Comments