Sydney Morning FX Commentary April 20

Australian Dollar (AUD) Thursday was a far more interesting day for the Australian Dollar than the whole of the previous three days of the week. AUD/USD initially fell after a soft-ish labour market report, surged back on to a US 78 cents ‘big figure’ then tumbled to...

New York Morning FX Commentary April 19

United States Dollar (USD) Stock markets have calmed down a little in the last few sessions, though whether this marks a return to more ‘normal’ market conditions or is just a temporary respite remains to be seen. The S&P500 index has settled on to a 2700 handle...

London Morning FX Commentary April 19

British Pound (GBP) After finishing equal bottom of the table with the New Zealand Dollar on Tuesday, the GBP looked set to repeat the same dismal performance on Wednesday until it managed to close up against a very out of favour Canadian Dollar. GBP/USD spent most of...

Sydney Morning FX Commentary April 19

Australian Dollar (AUD) After two days of essentially directionless, albeit somewhat choppy trading, the Aussie Dollar yesterday finally threatened to break down below the 30 pip range from 0.7760 to 0.7790 in which it had been stuck for more than 36 hours. During the...

New York Morning FX Commentary April 18

United States Dollar (USD) After the first day of the week saw the DJIA up over 200 points and the S&P 500 index more than 20 points higher, the second day brought more of the same with the S&P back above 2700 for the first time since March 22nd and the VIX...