London Morning FX Commentary February 26

British Pound (GBP) The GBP ended the week lower against the USD and twice finished at the bottom of our one-day performance tables. The low point came on Thursday morning London time around 1.3875 before a recovery on Friday in to the high 1.39’s. Overnight in Asia,...

Sydney Morning FX Commentary February 26

Australian Dollar (AUD) The Australian Dollar moved lower last week, in part due to early weakness in global stock markets, in part due to higher volatility across asset classes and in part also to incoming news on the RBA and wage costs. Overall, the AUD began the...

New York Morning FX Commentary February 23

United States Dollar (USD) Intra-day movements across asset classes are becoming more volatile, less predictable, and often occurring with few obvious catalysts. Did Wednesday evening’s FOMC Minutes really warrant a 400 point drop in the Dow Jones Industrial Average?...

London Morning FX Commentary February 23

British Pound (GBP) Intra-day movements across asset classes are becoming more volatile, less predictable, and often occurring with few obvious catalysts. Did Wednesday evening’s FOMC Minutes really warrant a 400 point drop in the Dow Jones Industrial Average? And if...

Sydney Morning FX Commentary February 23

Australian Dollar (AUD) Intra-day movements across asset classes are becoming more volatile, less predictable, and often occurring with little obvious catalysts. Did yesterday’s FOMC Minutes really warrant a 400 point drop in the Dow Jones Industrial Average? And if...