by simplymacrostrategy | Feb 15, 2018 | Uncategorized
British Pound (GBP) Wednesday was a day of some stunning reversals in global equity and foreign exchange markets. Immediately prior to the US CPI release, the Dow Jones Industrial Average was up 150 points at 24,810. Less than 10 minutes later, it had fallen almost...
by simplymacrostrategy | Feb 14, 2018 | Uncategorized
Australian Dollar (AUD) After the much-hyped US CPI figures, Wednesday was a day of some stunning reversals in global equity and foreign exchange markets. Immediately prior to the CPI release, the Dow Jones Industrial Average was up 150 points at 24,810. Less than 10...
by simplymacrostrategy | Feb 14, 2018 | Uncategorized
United States Dollar (USD) Tuesday was the first day for while that the DJIA didn’t move at least 500 points from peak to trough. It’s a reflection of just how much volatility we’ve seen recently that a 250-point high-low range seems very quiet indeed. Although stock...
by simplymacrostrategy | Feb 14, 2018 | Uncategorized
British Pound (GBP) The British Pound had a better day on Tuesday, finishing in second place behind the EUR on our one-day performance table, with GBP/USD having been up on a 1.39 handle for the first time since Friday and GBP/AUD having briefly revisited 1.77....
by simplymacrostrategy | Feb 13, 2018 | Uncategorized
Australian Dollar (AUD) The Australian Dollar struggled to get much traction on Tuesday and on a day when the US Dollar performed quite poorly, AUD/USD ended pretty much where it had begun in Sydney around 0.7850. The pair had a quarter-cent sell-off early afternoon...
by simplymacrostrategy | Feb 13, 2018 | Uncategorized
United States Dollar (USD) The big question for Monday was whether buyers would step into the equity market even after its sharp reversal higher on Friday afternoon in New York. The answer most definitely was ’yes’. The DJIA was up 200 points at the opening bell on...
