by simplymacrostrategy | Feb 19, 2018 | Uncategorized
British Pound (GBP) The GBP had a very good week despite the softness of economic activity data. It began last Monday around USD1.3820 and moved higher on Tuesday after CPI figures showed the UK inflation rate stuck at 3.0% rather than falling to 2.9% in line with...
by simplymacrostrategy | Feb 18, 2018 | Uncategorized
Australian Dollar (AUD) With stock markets enjoying their biggest weekly gain since December 2011, volatility lower and gold up more than $30 from its recent low, many of the conditions were in place for a rally in the AUD last week. With the US Dollar hitting a fresh...
by simplymacrostrategy | Feb 16, 2018 | Uncategorized
United States Dollar (USD) Thursday was another day of sharp reversals for the US stock market and its currency; albeit within narrower trading ranges than seen recently. Ahead of the opening bell, index futures were signaling the DJIA 200 points higher around 25,150....
by simplymacrostrategy | Feb 16, 2018 | Uncategorized
British Pound (GBP) After the dramas around US CPI earlier in the week, the pound was then the quickest of all the major currencies to reverse its losses and went on to a day’s high just below 1.4000; more than a full cent above where it had been prior to the US data...
by simplymacrostrategy | Feb 15, 2018 | Uncategorized
Australian Dollar (AUD) The continued weakness of the US Dollar helped the Aussie reach a high early in the European morning on Thursday of 0.7965; its best level since the day of the US non-farm payroll figures back on February 2nd. Its early strength was not...
by simplymacrostrategy | Feb 15, 2018 | Uncategorized
United States Dollar (USD) The USD index peaked last Thursday around 90.25; a level it almost, but not quite, regained on Friday afternoon. From then on, as stock markets recovered, its index against a basket of major currencies fell over a full point to a low on...
