London Morning FX Commentary April 11

British Pound (GBP) The British Pound had another day of very mixed fortunes on Tuesday, rising against the USD, little changed against the EUR but down between four and five-tenths of a point against the CAD, NZD and AUD. The GBP/USD exchange rate reached a best...

Sydney Morning FX Commentary April 11

Australian Dollar (AUD) The price action for the AUD/USD pair on Tuesday was quite striking – it made successive highs in the Asian, European then North American time zones. Asia saw the pair rally from 0.7695 to 0.7735. Europe then took it up to 0.7745 and in New...

New York Morning FX Commentary April 10

United States Dollar (USD) The USD held very steady throughout Monday’s Asian session and the European morning with its index against a basket of major currencies at 89.75; pretty much where it had closed on Friday evening. From around 7am New York time, however, the...

London Morning FX Commentary April 10

British Pound (GBP) The British Pound had a strangely mixed day on Monday. By lunchtime in London it was up against everything except the NZD but by the close of business it had given up all its earlier gains against the EUR and was down also against the CAD and AUD....

Sydney Morning FX Commentary April 10

Australian Dollar (AUD) On Monday in Asia, AUD/USD initially rallied to just under 77 US cents but two waves of selling during the European morning subsequently sent the pair down (just) through last week’s 0.7660 low and dragged the Aussie lower on all its major...