by simplymacrostrategy | Apr 27, 2018 | Uncategorized
British Pound (GBP) The British Pound fell below USD1.40 on Monday and has stayed there ever since. This was all about the US Dollar rather than the Pound, however, and the GBP is up against all the other major currencies. In the European morning yesterday, GBP/USD...
by simplymacrostrategy | Apr 26, 2018 | Uncategorized
Australian Dollar (AUD) The good news for the Aussie Dollar is that on Thursday in Europe, AUD/USD broke Wednesday’s 0.7553 low by only 5 pips before subsequently rebounding. The bad news is that the rebound extended only as far as 0.7585 and heading in to the New...
by simplymacrostrategy | Apr 26, 2018 | Uncategorized
United States Dollar (USD) The US Dollar continues what has been a virtually uninterrupted advance over the past 10 days. Yesterday its index against a basket of major currencies opened around 90.40 and reached a high late in the London afternoon of 90.80; its best...
by simplymacrostrategy | Apr 26, 2018 | Uncategorized
British Pound (GBP) At the very beginning of this week, the British Pound fell below USD1.40 and has stayed there ever since, reaching a low of 1.3920; its weakest since March 12th. This was all about the US Dollar rather than the Pound, however, and the GBP is up...
by simplymacrostrategy | Apr 25, 2018 | Uncategorized
Australian Dollar (AUD) With local markets closed in observance of the ANZAC commemorations, the last few days have been pretty brutal for the Aussie Dollar. AUD/USD fell from a high of 0.7680 on Monday morning in Europe to a low on Wednesday afternoon just above...
