Rates as 05:30 GMT Market Recap It’s either “Day A” or “Day B” nowadays. “Day A” is “risk-on,” “Day B” is “risk-off.” Wednesday and this morning…
Rates as of 05:00 GMT Market Recap Risk off, risk on – today was risk on. I searched in vain for any particular reason though. It…
Rates as of 05:00 GMT Market Recap The “Brexit honeymoon” period didn’t last long! The first full working day after Brexit and the market finally realized…
Rates as of 05:30 GMT Market Recap I hope everyone enjoyed yesterday, Palindrome Day (02/02/2020) – of course it’ll be a long time before we get…
Rates as of 05:00 GMT Market Recap GBP was the stand-out currency after the Bank of England’s Monetary Policy Committee (MPC) came out with an oddly…
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…
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…
