by simplymacrostrategy | Mar 26, 2018 | Uncategorized
Australian Dollar (AUD) We wrote here yesterday morning about the Aussie Dollar that, “the currency is more likely to be driven by events offshore than at home; especially by what happens in the US stock market”. That is pretty much exactly how things have turned out...
by simplymacrostrategy | Mar 26, 2018 | Uncategorized
British Pound (GBP) The British Pound starts this Monday morning after a good week, finishing higher but off its best levels against nearly all the major currencies. It began last week around USD1.3940 and by Thursday morning touched a high just under 1.4175 before...
by simplymacrostrategy | Mar 25, 2018 | Uncategorized
Australian Dollar (AUD) The Aussie didn’t just end lower against the USD last week. It was the worst performer of all the major currencies we follow closely here after a dive in the last hour of trading in New York. AUD/USD began the week around USD.0.7715, hit a low...
by simplymacrostrategy | Mar 23, 2018 | Uncategorized
United States Dollar (USD) The couple of days since the FOMC meeting on Wednesday evening have certainly been quite lively. The initial reaction to the rate hike, Statement and Press Conference was to buy stocks and sell the Dollar. The USD index against a basket of...
by simplymacrostrategy | Mar 23, 2018 | Uncategorized
British Pound (GBP) The GBP has had a pretty volatile couple of days. Yesterday morning in Europe, the pound traded up to a near 3-week high of 1.4175 immediately before the retail sales data were published and then reached an intra-day high just under 1.42 as the...
