by simplymacrostrategy | Apr 24, 2018 | Uncategorized
British Pound (GBP) Looking just at the GBP/USD exchange rate, it would seem the British Pound had a terrible day on Monday. In fact, it finished in second place on our one-day performance table, rising against every currency except the buoyant US Dollar. Having...
by simplymacrostrategy | Apr 23, 2018 | Uncategorized
Australian Dollar (AUD) Both Antipodean currencies were hit hard on Monday and finished equal bottom of our one-day performance table. After the big technical signal we highlighted here on Friday morning (a ‘key reversal day’ with a higher high, lower low and lower...
by simplymacrostrategy | Apr 23, 2018 | Uncategorized
United States Dollar (USD) The US Dollar opens after a very good week, finishing top of the major currency league table. It wasn’t a linear performance, however. Its index against a basket of major currencies opened on Monday at 89.35 and dipped as low as 88.80 by...
by simplymacrostrategy | Apr 23, 2018 | Uncategorized
British Pound (GBP) The British Pound begins this Monday morning on a positive note after a very disappointing week in which it was kept off bottom spot in our league table only by the New Zealand Dollar. It began at USD1.4240 and hit a high on Tuesday morning of...
by simplymacrostrategy | Apr 22, 2018 | Uncategorized
Australian Dollar (AUD) It was mixed week for the Aussie Dollar, which didn’t perform quite as poorly as a simple focus on the AUD/USD exchange rate might suggest. The pair opened on Monday around 0.7770 and traded essentially sideways in a relatively tight range...
by simplymacrostrategy | Apr 20, 2018 | Uncategorized
United States Dollar (USD) US equity markets gave back all of the last two days’ gains on Thursday and the Dow Jones Industrials Average turned negative for the year as US 10-year bond yields rose above 2.90% and 2-year notes jumped a massive 12 basis points to 2.43%....
