by simplymacrostrategy | Mar 22, 2018 | Uncategorized
Australian Dollar (AUD) As a perfect cocktail for a lower Aussie Dollar, simply mix together higher US short rates, a fall in the gold price, 700 points off the Dow Jones Average and a two-point jump in the VIX. Sprinkle on some weaker local economic data and it makes...
by simplymacrostrategy | Mar 22, 2018 | Uncategorized
United States Dollar (USD) Late on Tuesday evening, the USD index against a basket of major currencies was back at 90 for the first time in almost three weeks. Wednesday saw the USD slip around a quarter of a point to 89.75 before the Fed announcement and then extend...
by simplymacrostrategy | Mar 22, 2018 | Uncategorized
British Pound (GBP) Although on Tuesday GBP/USD couldn’t maintain its hold on a 1.40 handle, yesterday it traded as high as 1.4075 ahead of the FOMC and was up against four of the five other currencies we track closely here. The exception was the Canadian Dollar, with...
by simplymacrostrategy | Mar 21, 2018 | Uncategorized
Australian Dollar (AUD) In Wednesday’s trading ahead of the FOMC announcement, the Aussie Dollar very marginally extended Tuesday’s losses against the US Dollar. AUD/USD broke through the previous evening’s low of 0.7680 but fell only a few pips more to a lowest level...
by simplymacrostrategy | Mar 21, 2018 | Uncategorized
United States Dollar (USD) It’s the Vernal Equinox in the Northern Hemisphere today as the Earth starts to tilt toward the sun, which means longer, lighter days and the official start of Spring, though don’t tell that to Bostonians or New Yorkers who are forecast to...
