Sydney Morning FX Commentary April 13

Australian Dollar (AUD) Thursday was another day of very tight ranges for the AUD/USD pair, though the feeling persists that with a near 400-point rally in the DJIA, it really should have done somewhat better. Having opened around 0.7755, only 25 pips separated the...

New York Morning FX Commentary April 12

United States Dollar (USD) The most surprising thing about US equity markets today is that as we write this commentary, both the S+P 500 Index and Dow Jones Industrial Average are pretty much unchanged, stuck in very narrow ranges over the past 12 hours. Whereas for...

London Morning FX Commentary April 12

British Pound (GBP) The British Pound ebbed and flowed quite a bit on Wednesday. At times it was out at the top of our one-day performance table but ultimately ended somewhat mixed; little changed against the USD and EUR, up against the Australian and New Zealand...

Sydney Morning FX Commentary April 12

Australian Dollar (AUD) Wednesday was a day of very tight ranges for the AUD/USD pair, with its entire high-low range across the three main time zones covered by just 30 pips and a close in New York almost exactly where it had opened in Asia. That said, the pattern...

New York Morning FX Commentary April 11

United States Dollar (USD) Volatility in US equity markets now seems a permanent feature of the investment landscape. Even on Monday when the DJIA finished little changed on the day, the index had risen 400 points then given back the whole of its gains in the last two...