by simplymacrostrategy | Feb 27, 2018 | Uncategorized
British Pound (GBP) The GBP had a classic day of two halves on Monday: the strongest of all the majors in the local morning and almost the weakest of all in the afternoon (apart from the CAD) which left the pound in second from bottom place on our one-day performance...
by simplymacrostrategy | Feb 26, 2018 | Uncategorized
Australian Dollar (AUD) Given the volatility elsewhere in the FX majors on Monday – most notably the GBP and EUR – the Australian Dollar had a relatively quiet day. From an opening level in Sydney around USD0.7840 and as the USD sold-off after the rally in stock index...
by simplymacrostrategy | Feb 26, 2018 | Uncategorized
United States Dollar (USD) For most of last week, the US Dollar’s fortunes largely mirrored those of the main US equity indices. At times when stock markets were rallying, the USD had an observable tendency to sell-off, whilst any sign of stress in equities had the...
by simplymacrostrategy | Feb 26, 2018 | Uncategorized
British Pound (GBP) The GBP ended the week lower against the USD and twice finished at the bottom of our one-day performance tables. The low point came on Thursday morning London time around 1.3875 before a recovery on Friday in to the high 1.39’s. Overnight in Asia,...
by simplymacrostrategy | Feb 25, 2018 | Uncategorized
Australian Dollar (AUD) The Australian Dollar moved lower last week, in part due to early weakness in global stock markets, in part due to higher volatility across asset classes and in part also to incoming news on the RBA and wage costs. Overall, the AUD began the...
by simplymacrostrategy | Feb 23, 2018 | Uncategorized
United States Dollar (USD) Intra-day movements across asset classes are becoming more volatile, less predictable, and often occurring with few obvious catalysts. Did Wednesday evening’s FOMC Minutes really warrant a 400 point drop in the Dow Jones Industrial Average?...
