The dollar remained a key market focus during the week. The US currency attempted to correct stronger at times, but generally remained on the defensive as rallies quickly attracted fresh selling pressure. The US currency tested...
Read MoreThere was a slightly more cautious attitude towards risk as equity markets came under selling pressure and some expectations that G7 would move to underpin the dollar which curbed selling pressure. ECB President Trichet stated...
Read MoreMarkets were faced with a wide range of variables during the week as the global economy and policy responses were under close scrutiny. The dollar generally remained under pressure during the first half of the week as rallies...
Read MoreUS currency weakness remained the dominant market theme during the week. The US dollar attempted to rally at times, but generally remained on the defensive with 12-month lows on a trade-weighted index while the US currency also...
Read MoreMarket activity was stifled early in the week by the US Labor-day holiday, but the general theme was a trend towards US dollar weakness. The US currency dipped to 12-month lows against the Euro as there was evidence of general...
Read MoreAre “they” at it again? The “they” are speculators, who received much of the blame for running oil prices up to $147 a barrel in July 2008. So who is to blame for the collapse in natural gas prices to...
Read MoreThe US dollar gained defensive support at the beginning of the week, but still struggled to gain sustained support and ended little changed for the week as a whole. The principal trigger for the move was a sharp decline in...
Read MorePrices for natural gas have dropped well below $3 per 1,000 cubic feet (mcf), and the U.S. Natural Gas exchange-traded fund (UNG) has fallen to an all-time low just above $10. But could natural gas be setting up for a big move?...
Read MoreMarkets continued to struggle for direction over the week. The dollar pushed higher over the first half of the week, but again struggled to make any significant headway and came under renewed selling pressure. Defensive demand...
Read MoreMarkets struggled to find a decisive direction for the week as a whole. The dollar strengthened over the first half of the week, capitalising on the stronger than expected payroll data the previous Friday. The US currency was...
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