by simplymacrostrategy | Mar 15, 2018 | Uncategorized
Australian Dollar (AUD) It seems we’re now going to have to watch financial TV as well as the POTUS Twitter feed for clues on economic policy. In his first TV appearance since being appointed chief economic adviser to US President Donald Trump, Larry Kudlow said, “I...
by simplymacrostrategy | Mar 15, 2018 | Uncategorized
United States Dollar (USD) The US Dollar ended Wednesday little changed as a generally weaker EUR offset a stronger CAD on the USD index. Having opened around 89.25, it fell to a low of 89.05 before rallying up to a high just above 89.40 then closing around the...
by simplymacrostrategy | Mar 15, 2018 | Uncategorized
Australian Dollar (AUD) Yet again, the high of the US equity market on Wednesday coincided almost exactly (in fact within 10 minutes) of the high of the AUD/USD exchange rate. The Aussie Dollar rose steadily through the whole of the Asia day and the European morning...
by simplymacrostrategy | Mar 14, 2018 | Uncategorized
Australian Dollar (AUD) Yet again, the high of the US equity market on Wednesday coincided almost exactly (in fact within 10 minutes) of the high of the AUD/USD exchange rate. The Aussie Dollar rose steadily through the whole of the Asia day and the European morning...
by simplymacrostrategy | Mar 14, 2018 | Uncategorized
United States Dollar (USD) The US Dollar fell even as stocks turned sharply lower on Tuesday, on news that President Trump had fired his Secretary of State, Rex Tillerson. By noon in New York, the Dollar’s index against a basket of major currencies had fallen almost...
