by simplymacrostrategy | Feb 21, 2018 | Uncategorized
British Pound (GBP) The GBP began yesterday as the weakest of all the currencies we follow here but ended up as the strongest on what the US financial news channels might call ’Turnaround Tuesday’. On a day of no official economic statistics (though we did get the CBI...
by simplymacrostrategy | Feb 20, 2018 | Uncategorized
Australian Dollar (AUD) The Aussie Dollar continues to be extremely sensitive to moves in global stock markets, as well as to more local influences such as the RBA Minutes. Whilst on Monday it was able to hold onto a US 79 cents handle and thus remain above Friday’s...
by simplymacrostrategy | Feb 20, 2018 | Uncategorized
United States Dollar (USD) We welcome back our US readers from their President’s Day holiday. While they were away, the US Dollar had another good day, albeit closing below its best levels seen during the European afternoon. Its index against a basket of major...
by simplymacrostrategy | Feb 20, 2018 | Uncategorized
British Pound (GBP) The GBP had a bit of a wobble on Monday and ended up sharing bottom spot in our one-day performance table with the NZD, having at one point been on its own way below the rest of the pack, before a rally during the North American morning. GBP/USD...
by simplymacrostrategy | Feb 19, 2018 | Uncategorized
Australian Dollar (AUD) As half of Asia and more than half of North America was out for holidays on Monday, it always threatened to be a fairly quiet day for the Australian Dollar and that’s pretty much how it turned out. That’s not to say it was totally...
by simplymacrostrategy | Feb 19, 2018 | Uncategorized
United States Dollar (USD) The US Dollar index against a basket of currencies last week fell below 88 for the first time in a little over 3-years. The fall came as equity markets enjoyed their biggest one-week gain since December 2011 and despite the yield on US...
