by simplymacrostrategy | Apr 9, 2018 | Uncategorized
United States Dollar (USD) Although last week was an especially wild one for US stock markets, its currency was remarkably stable with the US Dollar’s index against a basket of major currencies contained within a range of less than one percentage point for the entire...
by simplymacrostrategy | Apr 9, 2018 | Uncategorized
British Pound (GBP) A summary of the British Pound last week would have looked very different at lunchtime on Friday than it did by close of business in New York. The GBP had a pretty poor week until a powerful late rally after the US labour market report lifted the...
by simplymacrostrategy | Apr 8, 2018 | Uncategorized
Australian Dollar (AUD) The Australian Dollar had a mixed week which felt more volatile than it actually was. Easter Monday was a holiday locally and across most of Europe but Asian markets were open, as were those in the United States. AUD/USD opened at 0.7685 and...
by simplymacrostrategy | Apr 6, 2018 | Uncategorized
United States Dollar (USD) The US stock market continues to trade more like a cryptocurrency, with the Dow Jones Industrial Average up another 300 points at one point on Thursday to add to its 800-point rally off the lows on Wednesday. Unusually – certainly over the...
by simplymacrostrategy | Apr 6, 2018 | Uncategorized
British Pound (GBP) As the wild ride continues in global equity markets, the pound is so far this week the worst performer of all the major currencies we follow closely here. Its losses yesterday ranged from -0.1% against the NZD and EUR to almost 0.6% against the US...
