by simplymacrostrategy | Mar 12, 2018 | Uncategorized
United States Dollar (USD) North America moved on to Daylight Saving Time at the weekend but Europe doesn’t do so for a fortnight. This means the time difference between New York and London will be just four hours for the next couple of weeks. The clocks may have...
by simplymacrostrategy | Mar 12, 2018 | Uncategorized
British Pound (GBP) As of Friday morning in London, GBP/USD was exactly unchanged on the week around 1.38 though by 3pm it had rallied almost three quarters of a cent to USD1.3875. The sole reason for this came from across the Atlantic; the latest US labour market...
by simplymacrostrategy | Mar 11, 2018 | Uncategorized
Australian Dollar (AUD) The Australian Dollar finished on Friday on a high note against a USD whose trade weighted index was little changed over the course of the week. It began last Monday morning in Sydney at 0.7760 and held around that level until well after the...
by simplymacrostrategy | Mar 9, 2018 | Uncategorized
British Pound (GBP) It’s now more than 24 hours since GBP/USD was last on a 1.39 ‘big figure’ whilst both in New York yesterday evening and in Asia overnight, it has actually traded on 1.37. In part this reflects a more general improvement in the US Dollar after...