London Morning FX Commentary February 23

British Pound (GBP) 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? And if...

Sydney Morning FX Commentary February 23

Australian Dollar (AUD) Intra-day movements across asset classes are becoming more volatile, less predictable, and often occurring with little obvious catalysts. Did yesterday’s FOMC Minutes really warrant a 400 point drop in the Dow Jones Industrial Average? And if...

New York Morning FX Commentary February 22

United States Dollar (USD) Ahead of yesterday evening’s FOMC Minutes, the most commonly watched US equity index – the Dow Jones Industrial Average – was trading up around 150 points. When fears of a more aggressive path for US rate rises were not confirmed by the...

London Morning FX Commentary February 22

British Pound (GBP) Ahead of yesterday evening’s FOMC Minutes, the most commonly watched US equity index – the Dow Jones Industrial Average – was trading up around 150 points. When fears of a more aggressive path for US rate rises were not confirmed by the Minutes,...

Sydney Morning FX Commentary February 22

Australian Dollar (AUD) Lower stocks, a lower gold price and higher volatility made for a difficult background for the Aussie Dollar even before we factor in the RBA’s pretty dovish set of Minutes earlier in the week. AUD/USD has remained below 0.7900 ever since...