Daily Market Analysis
23rd May 2013

Central bank announcements spark volatility across markets

After a barren spell over the last week, an avalanche of data and announcements from central banks across the developed world hit the markets, and the resulting volatility overnight in Asia and into this morning’s European session stand in stark contrast to the goldilocks conditions we’ve been experiencing for the last few months.

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CD News
23rd May 2013

Pound tumbles on soft retail sales, Bernanke comments

Pound tumbles on soft retail sales, Bernanke comments
Sterling nearly broke the 1.500 mark against the dollar yesterday.

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currencies exchange, and more...
Daily Market Analysis
22nd May 2013

UK Inflation falls as FTSE hits 14 Year High

The UK inflation figure was released yesterday and came in under consensus at 2.4% rise vs 2.6% expected. As the news hit the wire it sent the markets into a flurry of risk off activity for Sterling with the UK Pound making losses against most major currencies and shedding 1 cent against the US Dollar and Euro.

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CD News
22nd May 2013

Sterling down as dollar wobbles on Fed's Bullard comments

Sterling down as dollar wobbles on Fed's Bullard comments
The pound dipped against the US dollar as the greenback fell on continued easing talk.

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dollar, sterling
CD News
21st May 2013

Pound rallies as dollar weakens across the board

Pound rallies as dollar weakens across the board
Sterling rose against the dollar on Monday as the greenback fell against most currencies

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exchange rates, dollar
Daily Market Analysis
21st May 2013

Dollar remains strong ahead of FOMC meeting

The US Dollar took a break from its bull run yesterday, as most investors were in profit booking mode. However, the Dollar still has managed to retain its strength overall against most of its counterparts.

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