by simplymacrostrategy | Apr 5, 2018 | Uncategorized
Australian Dollar (AUD) The Aussie Dollar’s price action was a bit of a puzzle on Thursday as it slid lower against the US and Canadian Dollars despite some decent local economic data and a US stock market which was more than 1% higher by the end of the London...
by simplymacrostrategy | Apr 5, 2018 | Uncategorized
United States Dollar (USD) The US stock market is making Bitcoin look stable by comparison! After a 600-point plunge on Monday, the Dow Jones Industrial Average rose 400 points on Tuesday. Yesterday morning, it fell 600 points once again but then rallied almost 800...
by simplymacrostrategy | Apr 5, 2018 | Uncategorized
British Pound (GBP) The British Pound had a very mixed and choppy day on Wednesday, finishing in the middle of the FX pack. GBP/USD reached a high just under 1.41 in Asia but then a combination of yet more poor UK economic data and a plunging US stock market sent the...
by simplymacrostrategy | Apr 4, 2018 | Uncategorized
Australian Dollar (AUD) Wednesday saw very different price action across the three major time ones for the Australian Dollar. In the Asia session, AUD/USD was supported by some slightly better than expected economic numbers, rising from 0.7680 all the way up to...
by simplymacrostrategy | Apr 4, 2018 | Uncategorized
United States Dollar (USD) The extreme volatility in equity markets continues. After a 600 point drop for the DJIA on Monday, Tuesday brought a 400 point rally and this morning in Europe all of yesterday’s gains have been wiped out with a 550 point fall for the DJIA...
