by simplymacrostrategy | Mar 13, 2018 | Uncategorized
United States Dollar (USD) The US Dollar fell modestly on Monday; a day which brought no fresh incoming economic news and few further developments in the trade tariff saga. Its index against a basket of major currencies had ended last week around 89.70 and by close of...
by simplymacrostrategy | Mar 13, 2018 | Uncategorized
British Pound (GBP) The British Pound finished on Monday as the top performer of the day, just edging the Australian Dollar into second place on our one-day table. GBP/USD was initially knocked lower by a pretty downbeat set of UK credit card numbers from Visa which...
by simplymacrostrategy | Mar 12, 2018 | Uncategorized
Australian Dollar (AUD) The global ‘risk-on’ mood definitely helped the Australian Dollar in the Asian session on Monday and AUD/USD marginally extended last week’s rally to reach a best level just under 0.7880. After an early mark-up, however, stocks found little...
by simplymacrostrategy | Mar 12, 2018 | Uncategorized
United States Dollar (USD) North America moved on to Daylight Saving Time at the weekend but Europe doesn’t do so for a fortnight. This means the time difference between New York and London will be just four hours for the next couple of weeks. The clocks may have...
by simplymacrostrategy | Mar 12, 2018 | Uncategorized
British Pound (GBP) As of Friday morning in London, GBP/USD was exactly unchanged on the week around 1.38 though by 3pm it had rallied almost three quarters of a cent to USD1.3875. The sole reason for this came from across the Atlantic; the latest US labour market...
by simplymacrostrategy | Mar 11, 2018 | Uncategorized
Australian Dollar (AUD) The Australian Dollar finished on Friday on a high note against a USD whose trade weighted index was little changed over the course of the week. It began last Monday morning in Sydney at 0.7760 and held around that level until well after the...
