New York Morning FX Commentary March 15

United States Dollar (USD) The US Dollar ended Wednesday little changed as a generally weaker EUR offset a stronger CAD on the USD index. Having opened around 89.25, it fell to a low of 89.05 before rallying up to a high just above 89.40 then closing around the...

London Morning FX Commentary March 15

Australian Dollar (AUD) Yet again, the high of the US equity market on Wednesday coincided almost exactly (in fact within 10 minutes) of the high of the AUD/USD exchange rate. The Aussie Dollar rose steadily through the whole of the Asia day and the European morning...

Sydney Morning FX Commentary March 15

Australian Dollar (AUD) Yet again, the high of the US equity market on Wednesday coincided almost exactly (in fact within 10 minutes) of the high of the AUD/USD exchange rate. The Aussie Dollar rose steadily through the whole of the Asia day and the European morning...

New York Morning FX Commentary March 14

United States Dollar (USD) The US Dollar fell even as stocks turned sharply lower on Tuesday, on news that President Trump had fired his Secretary of State, Rex Tillerson. By noon in New York, the Dollar’s index against a basket of major currencies had fallen almost...

London Morning FX Commentary March 14

British Pound (GBP) The British Pound couldn’t quite make two consecutive days at the top of the table but still had a pretty good day. GBP/USD had actually spent most of the Asian session and European morning in a fairly tight range, unchanged from the previous New...

Sydney Morning FX Commentary March 14

Australian Dollar (AUD) On a day of high political drama in the United States, the opening of the cash equity market in the United States on Tuesday coincided with the peak in the AUD/USD exchange rate just under 0.7895. The DJIA had rallied almost 650 points from...