by simplymacrostrategy | Apr 30, 2018 | Uncategorized
United States Dollar (USD) The US Dollar starts after a very good week in which its index against a basket of major currencies opened at 89.95 but rose persistently and without interruption to a high on Friday – immediately after the US Q1 GDP figures were released –...
by simplymacrostrategy | Apr 30, 2018 | Uncategorized
British Pound (GBP) Today is a public holiday in both China and Japan so FX trading has been relatively light in the Asia session overnight. The British Pound resumed after a terrible week which ended on Friday with the biggest one-day fall of the year and sent the...
by simplymacrostrategy | Apr 29, 2018 | Uncategorized
Australian Dollar (AUD) In a week which was divided in to two parts by the ANZAC day holiday on Wednesday, the Aussie Dollar fell steadily and persistently against a rampant US Dollar. AUD/USD began at 0.7675 and without any reversal of note, was sold down to a low...
by simplymacrostrategy | Apr 27, 2018 | Uncategorized
United States Dollar (USD) The US Dollar powered ahead again on Thursday, rebounding impressively from an initial sell-off during the ECB Press Conference. Its index against a basket of major currencies opened around 90.80, fell to just below 90.60 in the European...
by simplymacrostrategy | Apr 27, 2018 | Uncategorized
British Pound (GBP) The British Pound fell below USD1.40 on Monday and has stayed there ever since. This was all about the US Dollar rather than the Pound, however, and the GBP is up against all the other major currencies. In the European morning yesterday, GBP/USD...
by simplymacrostrategy | Apr 26, 2018 | Uncategorized
Australian Dollar (AUD) The good news for the Aussie Dollar is that on Thursday in Europe, AUD/USD broke Wednesday’s 0.7553 low by only 5 pips before subsequently rebounding. The bad news is that the rebound extended only as far as 0.7585 and heading in to the New...
