New York Morning FX Commentary April 2

United States Dollar (USD) The last week was a positive one for the US Dollar which just beat its Canadian cousin into top spot overall, rising against all the major currencies we follow here and reaching a near-10 day high on Thursday just above 89.75. Parts of Asia...

New York Morning FX Commentary March 30

United States Dollar (USD) Parts of Asia and virtually the whole of Europe is away for the Good Friday holiday today, and though the US stock and bond markets are closed, foreign exchange markets are still open albeit with much-reduced liquidity and wider bid-offer...

New York Morning FX Commentary March 29

United States Dollar (USD) The US Dollar had a very good day on Wednesday, rising against all of the currencies we follow here. Its index against a basket of major currencies opened in Asia around 88.90 and having been little changed for the first 8 hours of the...

London Morning FX Commentary March 29

British Pound (GBP) The British Pound had a decent recovery early on Wednesday morning and at 7am London time, it was up against every one of the major currencies we follow closely here. GBP/USD extended Tuesday’s rally from a low of 1.4080 to hit 1.4200 but this was...

Sydney Morning FX Commentary March 29

Australian Dollar (AUD) After Wednesday’s very poor session, the Aussie Dollar had a more mixed performance on Thursday – rising against the NZD, EUR and GBP but down against the Canadian and US Dollars. AUD/USD reached a high just above 0.7700 in the Asia session but...