by simplymacrostrategy | Feb 9, 2018 | Uncategorized
British Pound (GBP) We warned yesterday to watch out for a choppy day for the pound, not least because there was such a split of expectations on the timing of the next Bank Rate hike that there were bound to be analysts, investors and institutions forced to reassess...
by simplymacrostrategy | Feb 8, 2018 | Uncategorized
Australian Dollar (AUD) The volatility across asset classes continues with the Dow Jones Industrial Average down 600 points in just 4 hours during the North American morning and 800 points in the last 24 hours. The latest move lower came with little or new fresh news,...
by simplymacrostrategy | Feb 8, 2018 | Uncategorized
United States Dollar (USD) The relationship between stocks and the USD seemed to change subtly on Wednesday. During the previous few days of extreme equity market volatility, the USD tended to do well as stock markets fell, with its best session (the European morning...
by simplymacrostrategy | Feb 8, 2018 | Uncategorized
British Pound (GBP) Yesterday morning in Europe, GBP/USD made another attempt to get back on to a 1.40 ‘big figure’ but fell short by just a few pips before then losing more than a full cent against a strongly recovering US Dollar to a low in the mid-1.38’s. Despite...
by simplymacrostrategy | Feb 7, 2018 | Uncategorized
Australian Dollar (AUD) Something different began to happen in Wednesday’s trading in the Northern Hemisphere day. During the previous few days of extreme equity market volatility, the USD tended to do well as stock markets fell, with its best session (the European...
by simplymacrostrategy | Feb 7, 2018 | Uncategorized
United States Dollar (USD) With very real concerns that Tuesday might develop into another bloodbath for US equity markets, the US Dollar index against a basket of major currencies rose as high as 89.70 in the New York morning. This took it right back to the level at...
