by simplymacrostrategy | Feb 13, 2018 | Uncategorized
British Pound (GBP) By the time London traders headed for the train home on Monday, the DJIA was up almost 400 points and a few hours later it officially closed up 410 points with the S&P 500 index up 1.4% at 2656. Indeed, this was the first time since January...
by simplymacrostrategy | Feb 12, 2018 | Uncategorized
Australian Dollar (AUD) The Australian Dollar actually finished top of our one-day performance table on Monday, though this might tell us more about how surprisingly quiet foreign exchange markets were than anything particularly new or insightful about the AUD itself....
by simplymacrostrategy | Feb 12, 2018 | Uncategorized
United States Dollar (USD) After the previous Friday’s spookily prescient 666-point sign of things to come for the Dow Jones Industrial Average, there were two daily 1,000-point declines last week. Friday looked set for another huge drop before the index then bounced...
by simplymacrostrategy | Feb 12, 2018 | Uncategorized
British Pound (GBP) So far, we’ve only had one of the fifteen trading sessions that we get each week across the three major time-zones, so it’s unwise to draw any firm conclusions from the price action. That said, there is at least a consistent theme which is for a...
by simplymacrostrategy | Feb 11, 2018 | Uncategorized
Australian Dollar (AUD) The Australian Dollar remains under pressure. The three main drivers of most of the valuation models of the currency are commodities, interest rate differentials and volatility. When asset markets are quiet, the incremental returns from higher...
by simplymacrostrategy | Feb 9, 2018 | Uncategorized
United States Dollar (USD) The volatility across asset classes continues with the Dow Jones Industrial Average down 1,000 points Thursday. The latest move lower came with little or new fresh news, and amidst a general feeling that many of the forced buyers of VIX had...
