Yellen_FOMC_Fed

The Australian dollar was the weakest currency last week as the AUD gave up the gains logged earlier in the week after posting a weekly high to 0.7749. Following the AUD was the US dollar which continued to post steady declines for two straight weeks. With diminishing prospects of a rate hike for September the markets continues to bet against th...

2016-08-22 John Benjamin Read more
Brexit_UK_Debate

Image via © European Union 2016 - European Parliament. Heated debate on Brexit and its consequences The British pound found support following two days of turmoil with the currency seen stabilizing following the Brexit lows, despite the UK’s credit rating taking a hit. In the US, the final revised GDP numbers showed the US economy expanded at a ...

2016-06-28 John Benjamin Read more