Rates as of 05:00 GMT Market Recap Two big Reuters stories sent EUR higher. First, an article saying that the European Central Bank (ECB) was considering…
Rates as of 05:00 GMT Market Recap Risk appetite generally returned, pushing commodity currencies higher and the safe-haven CHF and USD lower. After trading through parity…
Rates as of 05:00 GMT Market Recap The US news on Friday was what’s called a “Goldilocks” scenario: not too hot, not too cold, but just…
Investors are laser-focused on two things: inflation and central banks’ reaction to it. After this week’s shocking US inflation print for June – at 9.1%, higher…
Rates as of 05:00 GMT Market Recap What do you have to do to get any respect around here? The Bank of Canada shocked markets Wednesday…
Rates as of 05:00 GMT Market Recap Rising inflation and expectations of more hawkish central bank response were the two themes moving the market yesterday. First,…
Rates as of 05:00 GMT Market Recap The RBNZ hiked rates 50 bps as expected and promised more. It kept a hawkish stance in the statement…
Rates as of 05:00 GMT Market Recap Financial markets were dominated by “risk-off” sentiment yesterday but without a clear catalyst. One can point to many factors.…
Rates as of 05:00 GMT Market Recap JPY is clearly the dominant story this morning. The currency plunged on news that Japan’s ruling coalition – the…
We got lots of trade and current account data this past week: German trade balance (Mon), the Australia trade balance, US trade balance (merchandise & services),…
