As mentioned above, the people who designed the US government had a deep distrust of mankind and did not trust them to vote directly for the…
Author BDSwiss
Rates as of 04:00 GMT Market Recap I should’ve remembered the motto of the investment industry: “past performance is no guarantee of future performance.” The kind…
Rates as of 04:00 GMT Market Recap Volatility is back! US stocks were down sharply, with the NASDAQ off 4.1% and S&P 500 down 2.8%. All…
Rates as of 04:00 GMT Market Recap With the US and Canada on holiday, activity was slow and most currencies little changed. There was forex trading…
FX: Commitments of Traders (CoT) report Speculators reduced their record-long EUR positions during the latest week, both in absolute terms and as a percent of open…
Rates as of 04:00 GMT Market Recap The S&P 500 opened slightly higher on Friday but couldn’t hold and by midmorning was down 3%. However it…
Two weeks ago, we were all waiting to hear what Fed Chair Jay Powell would say about the US central bank’s rethink of its monetary policy…
Rates as of 04:00 GMT Market Recap Yesterday morning I said markets had gone up for no discernable reason on Wednesday. They fell for the same…
The EUR/AUD is set to depreciate further if the recent support area can be broken. Yesterday’s latest GDP figures in Australia revealed that the nation’s economy…
Rates as of 04:00 GMT Market Recap It’s quite unusual nowadays to run my spreadsheet with the rates on it in the morning and find USD…