I’ve been writing FX comments for…well, I don’t want to say how long. Let’s just say that when I first started in this business, I used…
Rates as of 04:00 GMT Market Recap The Bank of England did what everyone expected – raised the limit on its Asset Purchase Facility (APF) by…
Rates as of 04:00 GMT Market Recap A fairly clear “risk-off” day in the FX market: JPY and CHF the #1 and #2, CAD, AUD and…
Rates as of 04:00 GMT Market Recap I wonder what the P&L would be if you just operated by a simple rule: if AUD/JPY is higher…
Rates as of 04:00 GMT Market Recap I do wish investors could make up their minds. One day the world is collapsing, the next day everything…
Rates as of 04:00 GMT Market Recap The FX market isn’t giving a clear “risk-on” or “risk-off” signal this morning, probably because the stock markets aren’t,…
The title of my last weekly outlook was “Is the worst over?” This was referred to the economy, which was showing the proverbial “green shoots,” in…
Rates as of 04:00 GMT Market Recap I’ve rarely seen such an astonishing turnaround in market sentiment – from “buy anything” to “sell everything” in just…
Rates as of 04:00 GMT Market Recap The Federal Open Market Committee (FOMC) didn’t surprise the market at all. The statement following the meeting was almost…
Rates as of 04:00 GMT Market Recap On Monday the world was great. Apparently on Tuesday it wasn’t so great. Investors got nervous ahead of today’s…
