London Morning FX Commentary March 14

British Pound (GBP) The British Pound couldn’t quite make two consecutive days at the top of the table but still had a pretty good day. GBP/USD had actually spent most of the Asian session and European morning in a fairly tight range, unchanged from the previous New...

Sydney Morning FX Commentary March 14

Australian Dollar (AUD) On a day of high political drama in the United States, the opening of the cash equity market in the United States on Tuesday coincided with the peak in the AUD/USD exchange rate just under 0.7895. The DJIA had rallied almost 650 points from...

New York Morning FX Commentary March 13

United States Dollar (USD) The US Dollar fell modestly on Monday; a day which brought no fresh incoming economic news and few further developments in the trade tariff saga. Its index against a basket of major currencies had ended last week around 89.70 and by close of...

London Morning FX Commentary March 13

British Pound (GBP) The British Pound finished on Monday as the top performer of the day, just edging the Australian Dollar into second place on our one-day table. GBP/USD was initially knocked lower by a pretty downbeat set of UK credit card numbers from Visa which...

Sydney Morning FX Commentary March 13

Australian Dollar (AUD) The global ‘risk-on’ mood definitely helped the Australian Dollar in the Asian session on Monday and AUD/USD marginally extended last week’s rally to reach a best level just under 0.7880. After an early mark-up, however, stocks found little...