Today, we saw a painful carnage in oil markets, with Crude WTI prices plummeting to as low as $14.66 per barrel, shedding nearly 19% in value.…
Rates as of 04:00 GMT Market Recap Collapse of WTI! The near contract (May) for West Texas Intermediate (WTI), the US benchmark crude, plunged some $4.43…
Markets are on a rather aggressive risk-on mood today after an experimental drug used to treat COVID-19 showed promising results. Remdesivir – a drug developed by…
I’ve often complained that the markets nowadays are too simple. There used to be a lot more currencies and a lot more idiosyncratic stories behind each…
Rates as of 04:00 GMT Market Recap Yesterday’s US data was uniformly miserable, yet US stocks managed to close slightly higher (+0.6%) and Asian stocks are…
European countries are making progress in flattening the curve and EU stock markets have opened higher today on renewed optimism that Eurozone economies will gradually begin…
Rates as of 04:00 GMT Market Recap If you ever wanted proof that a) currencies are not the stock price of a country, and b) right…
XAU/EUR could head lower. After having noted a pin bar pattern at its resistance area, the market might favour a stronger EUR now. Meanwhile, on a…
Rates as of 05:00 GMT Market Recap Some unusual market divergence today: stocks are very much in a “risk on” mood but the FX market has…
It’s hard to be a fundamental analyst of FX markets nowadays. That’s because the fundamentals are all a) pretty much the same for all the currencies…
