by simplymacrostrategy | Mar 19, 2018 | Uncategorized
United States Dollar (USD) The US Dollar fell for 2 ½ days, rallied for 2 ½ days and ended a week of high political drama with its index against a basket of major currencies almost exactly unchanged at 89.75. Overnight in Asia and this morning in Europe, the USD...
by simplymacrostrategy | Mar 19, 2018 | Uncategorized
British Pound (GBP) The British Pound had a good week, finishing up against a generally well-bid US Dollar and gaining against every one of the major currencies we follow here. Tuesday was the Chancellor’s well-received Spring Statement and by Wednesday in Asia,...
by simplymacrostrategy | Mar 18, 2018 | Uncategorized
Australian Dollar (AUD) The Australian Dollar rose for three days of last week then fell for the final two with a net loss from the previous Friday’s close around 1 ¼ cents. For the early part of the week, continuing the price action seen since the US non-farm...
by simplymacrostrategy | Mar 16, 2018 | Uncategorized
United States Dollar (USD) It’s been a rare event recently but the US Dollar finished the day on Thursday at the top of our one-day currency performance table. Its index against a basket of major currencies rose more than four-tenths of a point from its early low just...
by simplymacrostrategy | Mar 16, 2018 | Uncategorized
British Pound (GBP) The British Pound rose against all the major currencies apart from the US Dollar on Thursday, with gains extending to more than a full cent against both the Canadian and Australian Dollars. GBP/USD was volatile within a half cent range from 1.3930...
by simplymacrostrategy | Mar 15, 2018 | Uncategorized
Australian Dollar (AUD) It seems we’re now going to have to watch financial TV as well as the POTUS Twitter feed for clues on economic policy. In his first TV appearance since being appointed chief economic adviser to US President Donald Trump, Larry Kudlow said, “I...
