by simplymacrostrategy | Mar 28, 2018 | Uncategorized
United States Dollar (USD) After its bad start to the week, falling against every one of the major currencies we follow closely here on Monday, yesterday was a much better day for the US Dollar which went from bottom to top spot. By the end of the day, the USD index...
by simplymacrostrategy | Mar 28, 2018 | Uncategorized
British Pound (GBP) After its decent start to the week on Monday, the British Pound spent nearly all of Tuesday firmly at the bottom of our one-day performance table and it wasn’t until the New York afternoon that it managed finally to climb above the Australian...
by simplymacrostrategy | Mar 27, 2018 | Uncategorized
Australian Dollar (AUD) Foreign exchange can be a very frustrating asset class. Despite a strong correlation between US stocks and the AUD/USD exchange rate throughout Monday, the relationship completely broke down yesterday. The high around 0.7755 came at lunchtime...
by simplymacrostrategy | Mar 27, 2018 | Uncategorized
United States Dollar (USD) The US Dollar had a bad start to the week on Monday, falling against every one of the major currencies we follow closely here. Its index against a basket of major currencies tumbled from 89.05 to 88.55; its lowest level since February 16th....
by simplymacrostrategy | Mar 27, 2018 | Uncategorized
British Pound (GBP) The British Pound had a decent start to the week, even if its performance against the US Dollar gives a much-exaggerated picture of its overall strength. GBP/USD opened around 1.4135 and, along with most other currencies, rose steadily and without...
