Sydney Morning FX Commentary February 28

Australian Dollar (AUD) From Monday’s high of USD0.7885 – its highest since last Tuesday – the Aussie Dollar has spent the last 36 hours moving lower, with the move accelerating in North America on Tuesday on a combination of stronger USD, much lower gold prices...

London Morning FX Commentary February 27

British Pound (GBP) The GBP had a classic day of two halves on Monday: the strongest of all the majors in the local morning and almost the weakest of all in the afternoon (apart from the CAD) which left the pound in second from bottom place on our one-day performance...

Sydney Morning FX Commentary February 27

Australian Dollar (AUD) Given the volatility elsewhere in the FX majors on Monday – most notably the GBP and EUR – the Australian Dollar had a relatively quiet day. From an opening level in Sydney around USD0.7840 and as the USD sold-off after the rally in stock index...