Last leg till the end of the week.
- USD (white) most bid that session +1.13%.
- GBP (blue) most sold that session -1.47%.
Need to note about the Yen (purple). That session they were just under the Dollar (white) +1.09%. So again, their buds. They do travel together. It’s the currency dynamics, that I like to mention every now and then.
If you look to the far left, we can see their standings from where they ended up last week at the close. So, that should help to keep things in perspective. Just look at the red (AUD). You don’t need to be a math genius to see that they have dropped a lot ( -2.41% all the way to -10.60% now ). And how about the Yen (purple)… 7.50% up to 15.58%. That’s double the amount of running percentage they were sitting at, since then. That’s a lot. And that’s their running percentages since April 1st.
How about the monthly table.
Again, compare where they started the week out at. This perspective is just since the month started. Interesting.
We can see that the top 3 currencies are all the safe havens. JPY (purple), CHF (pink), USD (white). We can see by how much, also. This has been a strong trend, wouldn’t you say? Sure, it’s all hindsight, but still something to be aware of. And guess what…that’s the only thing we have. History. No one has anything more.
It is smarter, though, to keep it all in perspective.
How are they all relating to one another?
It’s all about the numbers.
Make it count today.
I’ll see ya right before the weekend starts.
MY DAILY’S.xlsx (977.7 KB)