by simplymacrostrategy | Feb 27, 2018 | Uncategorized
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...
by simplymacrostrategy | Feb 27, 2018 | Uncategorized
United States Dollar (USD) Just when the inverse relationship between stock markets and the US Dollar seemed to be re-established during the Asian and European time zones on Monday, so it fell apart again during North American hours as the EUR, EUR and CAD all came...
by simplymacrostrategy | Feb 27, 2018 | Uncategorized
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...
by simplymacrostrategy | Feb 26, 2018 | Uncategorized
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...
by simplymacrostrategy | Feb 26, 2018 | Uncategorized
United States Dollar (USD) For most of last week, the US Dollar’s fortunes largely mirrored those of the main US equity indices. At times when stock markets were rallying, the USD had an observable tendency to sell-off, whilst any sign of stress in equities had the...