London Morning FX Commentary April 12

British Pound (GBP) The British Pound ebbed and flowed quite a bit on Wednesday. At times it was out at the top of our one-day performance table but ultimately ended somewhat mixed; little changed against the USD and EUR, up against the Australian and New Zealand...

Sydney Morning FX Commentary April 12

Australian Dollar (AUD) Wednesday was a day of very tight ranges for the AUD/USD pair, with its entire high-low range across the three main time zones covered by just 30 pips and a close in New York almost exactly where it had opened in Asia. That said, the pattern...

New York Morning FX Commentary April 11

United States Dollar (USD) Volatility in US equity markets now seems a permanent feature of the investment landscape. Even on Monday when the DJIA finished little changed on the day, the index had risen 400 points then given back the whole of its gains in the last two...

London Morning FX Commentary April 11

British Pound (GBP) The British Pound had another day of very mixed fortunes on Tuesday, rising against the USD, little changed against the EUR but down between four and five-tenths of a point against the CAD, NZD and AUD. The GBP/USD exchange rate reached a best...

Sydney Morning FX Commentary April 11

Australian Dollar (AUD) The price action for the AUD/USD pair on Tuesday was quite striking – it made successive highs in the Asian, European then North American time zones. Asia saw the pair rally from 0.7695 to 0.7735. Europe then took it up to 0.7745 and in New...

New York Morning FX Commentary April 10

United States Dollar (USD) The USD held very steady throughout Monday’s Asian session and the European morning with its index against a basket of major currencies at 89.75; pretty much where it had closed on Friday evening. From around 7am New York time, however, the...