by simplymacrostrategy | Mar 8, 2018 | Uncategorized
United States Dollar (USD) Since President Trump’s proposed steel tariffs were announced last week, the DJIA is down around 1%, but volatility has increased substantially with several 300 point intra-day swings. The USD index, meantime, peaked last Thursday morning at...
by simplymacrostrategy | Mar 8, 2018 | Uncategorized
British Pound (GBP) The British Pound was lower for much of the day on Wednesday but a late afternoon rally left it little changed against a recovering US Dollar and the EUR. It was up around four-tenths of a point against both the AUD and NZD and more than...
by simplymacrostrategy | Mar 7, 2018 | Uncategorized
Australian Dollar (AUD) The Australian Dollar couldn’t hold on to Tuesday’s best levels which had seen AUD/USD rise to 0.7835; the highest in exactly a week. After the knee-jerk sell off in reaction to weaker than expected GDP figures, the subsequent recovery took the...
by simplymacrostrategy | Mar 7, 2018 | Uncategorized
United States Dollar (USD) US stocks and its currency have been out of favour ever since President Trump’s proposed steel tariffs announced last week. The DJIA had already fallen 700 points in a couple of days but then fell another 400 points on Thursday and almost...
by simplymacrostrategy | Mar 7, 2018 | Uncategorized
British Pound (GBP) After Monday’s table-topping performance, Tuesday was a much poorer day for the GBP which fell against four of the five other currencies we follow closely here. The biggest fall (-0.7%) came against the NZD but losses elsewhere came against the...
