Rates as of 05:00 GMT Market recap Yesterday’s Federal Open Market Committee (FOMC) meeting was as uneventful as expected. As usual, Fed Chair Powell said monetary…
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…
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…
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…
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…
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…
Rates as of 05:30 GMT Market Recap The China coronovirus story seems to be dominating the FX market. So far 440 confirmed cases and nine deaths.…
Rates as of 05:30 GMT Market Recap JPY was the biggest mover on a trade-weighted basis. The move had nothing to do with the Bank of…
Rates as of 05:30 GMT Market Recap The dollar is stronger all around this morning, except vs JPY. USD rose on Friday after US housing starts…
