by simplymacrostrategy | Apr 10, 2018 | Uncategorized
British Pound (GBP) The British Pound had a strangely mixed day on Monday. By lunchtime in London it was up against everything except the NZD but by the close of business it had given up all its earlier gains against the EUR and was down also against the CAD and AUD....
by simplymacrostrategy | Apr 9, 2018 | Uncategorized
Australian Dollar (AUD) On Monday in Asia, AUD/USD initially rallied to just under 77 US cents but two waves of selling during the European morning subsequently sent the pair down (just) through last week’s 0.7660 low and dragged the Aussie lower on all its major...
by simplymacrostrategy | Apr 9, 2018 | Uncategorized
United States Dollar (USD) Although last week was an especially wild one for US stock markets, its currency was remarkably stable with the US Dollar’s index against a basket of major currencies contained within a range of less than one percentage point for the entire...
by simplymacrostrategy | Apr 9, 2018 | Uncategorized
British Pound (GBP) A summary of the British Pound last week would have looked very different at lunchtime on Friday than it did by close of business in New York. The GBP had a pretty poor week until a powerful late rally after the US labour market report lifted the...
by simplymacrostrategy | Apr 8, 2018 | Uncategorized
Australian Dollar (AUD) The Australian Dollar had a mixed week which felt more volatile than it actually was. Easter Monday was a holiday locally and across most of Europe but Asian markets were open, as were those in the United States. AUD/USD opened at 0.7685 and...
by simplymacrostrategy | Apr 6, 2018 | Uncategorized
United States Dollar (USD) The US stock market continues to trade more like a cryptocurrency, with the Dow Jones Industrial Average up another 300 points at one point on Thursday to add to its 800-point rally off the lows on Wednesday. Unusually – certainly over the...
