by simplymacrostrategy | Feb 22, 2018 | Uncategorized
United States Dollar (USD) Ahead of yesterday evening’s FOMC Minutes, the most commonly watched US equity index – the Dow Jones Industrial Average – was trading up around 150 points. When fears of a more aggressive path for US rate rises were not confirmed by the...
by simplymacrostrategy | Feb 22, 2018 | Uncategorized
British Pound (GBP) Ahead of yesterday evening’s FOMC Minutes, the most commonly watched US equity index – the Dow Jones Industrial Average – was trading up around 150 points. When fears of a more aggressive path for US rate rises were not confirmed by the Minutes,...
by simplymacrostrategy | Feb 21, 2018 | Uncategorized
Australian Dollar (AUD) Lower stocks, a lower gold price and higher volatility made for a difficult background for the Aussie Dollar even before we factor in the RBA’s pretty dovish set of Minutes earlier in the week. AUD/USD has remained below 0.7900 ever since...
by simplymacrostrategy | Feb 21, 2018 | Uncategorized
United States Dollar (USD) The US Dollar had another pretty good day on Tuesday, its movements largely mirroring those of the main US equity indices. At times when stock markets are rallying, the USD has had an observable tendency to sell-off, whilst any sign of...
by simplymacrostrategy | Feb 21, 2018 | Uncategorized
British Pound (GBP) The GBP began yesterday as the weakest of all the currencies we follow here but ended up as the strongest on what the US financial news channels might call ’Turnaround Tuesday’. On a day of no official economic statistics (though we did get the CBI...
