Rates as of 05:30 GMT Market Recap A big – but inexplicable – switch from “risk off” to “risk on.” US stocks up, oil up, gold…
The sterling is not fairing well this morning with statements from EU chief negotiator Michel Barnier who warned the U.K. on Monday that the bloc will…
Rates as of 06:00 GMT Market Recap More of the same – “risk off” moves sending the safe-haven JPY and CHF higher and the growth-sensitive commodity…
The EUR/CAD weekly chart suggests a further selloff here. Below the strategic support at 1.4455 the market could gain further momentum to the downside and accelerate…
Rates as of 06:00 GMT Market Recap The week is starting out with a classic “risk off” move as the unknown and unmeasurable threat of the…
The week just ending saw three central bank meetings: the Bank of Japan, the Bank of Canada and the European Central Bank. What was noticeable about…
With Brexit well underway and with everything more or less decided, there is not much uncertainty left in the markets. The question now is: Has the…
Rates as of 05:00 GMT Market Recap Yesterday’s European Central Bank (ECB) meeting was indeed the nothingburger that I predicted. There was little news besides the…
With a positive Brexit deal now the GBP is seemingly following with tailwinds. EURGBP to tumble lower again especially ahead of the ECB Interest Rate meeting…
Rates as of 05:30 GMT Market Recap A double whammy for CAD! First off, the Bank of Canada (BoC) statement was extremely dovish, contrary to what…
