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…
Market Recap Interesting move today – both JPY and AUD lost about the same ground vs USD. This suggests that the “risk-on, risk-off” pattern is fading. Perhaps we’re seeing a…
Rates as of 06:00 GMT Market Recap Although on a trade-weighted basis NZD was the biggest gainer on the day, vs USD it was the CHF.…
1. US/Iran Tensions Intensify Iran’s government is now facing anti-government protests after the Iranian regime admitted that its armed forces unintentionally shot down the Ukrainian passenger…
1. Canada’s Trudeau Accuses Iran of Downing the Ukrainian Plane Canada’s PM, Justin Trudeau, cited intelligence from Canadian and other sources when he stated yesterday that…
1. Markets Drop After Iran Retaliates by Striking U.S. Military Bases in Iraq Retaliation from Iran began with the firing of ballistic missiles in early morning…
1. Markets Dip As Christmas Draws Nearer EU bourses edged lower on Monday after nearing a record high in the previous session, as trading volumes thinned…
