Sydney Morning Commentary FX March 7

Australian Dollar (AUD) After Monday’s fairly quiet start to the week for the Aussie Dollar, Tuesday was quite a bit livelier – albeit some of the explanations for its movement look a little contradictory. Despite the efforts of some analysts to talk up the RBA’s view...

New York Morning FX Commentary March 6

United States Dollar (USD) The US Dollar had a very mixed day on Monday: down against a buoyant GBP, unchanged against the EUR but quite a bit higher against the friendless CAD. The day began with equity index futures extending Friday’s losses – something with often...

London Morning FX Commentary March 6

British Pound (GBP) The British Pound had a good day on Monday, as an apparent truce between the warring factions of the Conservative party and some decent economic data brought a recently-rare combination of good news. As recently as last Thursday, GBP/USD hit a low...

Sydney Morning FX Commentary March 6

Australian Dollar (AUD) It has been a fairly quiet start to the week for the Aussie Dollar, stuck between better than expected incoming economic data and recovering stock markets on the one hand, and some nervousness around the RBA’s messaging and Q4 GDP figures on...

New York Morning FX Commentary March 5

United States Dollar (USD) The US Dollar had a week of two unequal halves: up for the first three and a half days and down for the remainder. Its index against a basket of major currencies opened last Monday morning at 89.50 and as stock markets fell and volatility...