New York Morning FX Commentary April 23

United States Dollar (USD) The US Dollar opens after a very good week, finishing top of the major currency league table. It wasn’t a linear performance, however. Its index against a basket of major currencies opened on Monday at 89.35 and dipped as low as 88.80 by...

London Morning FX Commentary April 23

British Pound (GBP) The British Pound begins this Monday morning on a positive note after a very disappointing week in which it was kept off bottom spot in our league table only by the New Zealand Dollar. It began at USD1.4240 and hit a high on Tuesday morning of...

Sydney Morning FX Commentary April 23

Australian Dollar (AUD) It was mixed week for the Aussie Dollar, which didn’t perform quite as poorly as a simple focus on the AUD/USD exchange rate might suggest. The pair opened on Monday around 0.7770 and traded essentially sideways in a relatively tight range...

New York Morning FX Commentary April 20

United States Dollar (USD) US equity markets gave back all of the last two days’ gains on Thursday and the Dow Jones Industrials Average turned negative for the year as US 10-year bond yields rose above 2.90% and 2-year notes jumped a massive 12 basis points to 2.43%....

London Morning FX Commentary April 20

British Pound (GBP) The Pound has had a very poor week so far, finishing equal bottom of the table with the New Zealand Dollar on Tuesday, second from bottom Wednesday and last on Thursday. Yesterday it again fell victim to more disappointing economic data and doubts...