Detailed below are the morning comments for the last 5 working days. Please select a comment from those below to view the full details, or alternatively you can select a date from the followng drop down box:
As at As at 07.29 Thursday, 02 Feb 2012 Euro Finds Support as Dollar Slips
The dollar was under pressure overnight and in early morning trade as yet another round of reasonably solid economic indicators eased excessive concerns over the global economic recovery........
As at As at 07.25 Wednesday, 01 Feb 2012 Euro Back on the Defensive
The euro succumbed to month end selling pressures late yesterday and overnight, falling back versus other majors as a result. It fell to lows of $1.3026 versus the dollar as markets also fretted about the lack of a debt deal in Greece as improv...
As at As at 07.33 Tuesday, 31 Jan 2012 Euro Boosted by EU Fiscal Deal
Market sentiment has been bolstered by the news that Europe has signed up to a new fiscal union pact as well as agreeing on the details of a new €500billion permanent bailout fund (the ESM)........
As at As at 07.51 Monday, 30 Jan 2012 Euro Looks to EU & Greek Talks for Support
Starting the week on a relatively firm footing versus the dollar, the euro faces some key challenges this week including today’s EU Summit (the 17th in two years), as well as ongoing debt restructuring discussions between Greece and its private ...
As at As at 07.43 Friday, 27 Jan 2012 Euro Fails to Hold Post FOMC Gains
Wednesday’s dovish outlook from the Fed continues to weigh on the dollar, with the euro looking to push towards the $1.32 level yesterday. . .
