Archive for the ‘Government’ Category

Propertywire.com currency watch – 25th August

August 25, 2011

• Dollar rallies versus majors as gold falls and stocks rebound
• Fed Chairman may disappoint on QE3 at Jackson Hole which starts today
• Sterling takes a nosedive on dollar strength and weak UK economic data
• Euro rebounds vs sterling on economic data from the UK and Germany
• Gold drops more than 5% as global equities rally

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Propertywire.com currency watch – 24th August

August 24, 2011

• Sterling gains versus dollar, but lacks conviction
• Euro outlook remains bearish
• Bernanke unlikely to announce big new plans
• Yen gains as Noda’s action disappoints

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Propertywire.com currency watch – 23rd August

August 23, 2011

• Dollar falls after China manufacturing survey
• Pound holds firm despite OECD report showing UK lags behind leading economies
• Oil rallies and gold prints new record high above $1,900.00
• Fear in the market for an intervention from Bank of Japan

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Propertywire.com currency watch – 22nd August

August 22, 2011

• Sterling hits 3-1/2 month high against the dollar
• Euro opens higher despite further tensions
• All eyes focus on Jackson Hole
• NZ, Australian dollars gain versus Yen

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Propertywire currency watch – 19th August

August 19, 2011

• Sterling slips versus dollar but outpaces euro
• European countries demand collateral for loans to Greece
• Gloomy American data fuels recovery doubts
• Aussie drops as stocks, commodities declines sap risk remand

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Propertywire currency watch – 18th August

August 18, 2011

• UK Retail Sales unlikely to prompt lasting response from pound
• Europe’s economy slides towards disaster
• All eyes on US CPI, Philly Fed Data as global slowdown fears return
• EUR/CHF parity once again looks like a plausible scenario

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Propertywire.com currency watch – 17th August

August 17, 2011

• Swiss franc remains very volatile on intervention rumours
• No mention of a peg for Swiss franc but SNB goes long on euro
• German & French leaders meeting fails to lift euro
• Global markets take a breather as risk declines and dollar falls
• Sterling benefits from weakness in the greenback and single currency

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Propertywire.com currency watch – 16th August

August 16, 2011

• British Pound prepares a muted reaction to CPI data
• German economy almost stalled in Q2
• Homebuilding in US probably fell as sales dropped, repossessions climbed
• Aussie dollar weakens as RBA minutes fail to quell rate-cut speculation

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Propertywire.com currency watch – 15th August

August 15, 2011

Currency watch – 15th August

• Dollar weakened Friday as stock markets posted slight recovery
• US retail sales figures helped level off last weeks slide in global markets
• Sterling starts week on back foot as business confidence falls in UK
• Euro falls as Italy’s largest union opposes new austerity package
• Swiss government in talks over CHF target as currency falls across board

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Propertywire.com currency watch – 12th August

August 12, 2011

• Sterling bounces versus dollar as stocks rebound
• Euro extends weekly drop before output data
• Swiss franc plummets on peg speculation
• Euro stocks short selling banned

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