Rates as of 04:00 GMT Market Recap Another day, another downleg in the dollar. The Empire State manufacturing index missed expectations and fell to 3.7 from…
Rates as of 04:00 GMT Market Recap We’ve already had the big news for the day out – Japan Q2 GDP was slightly weaker than expected,…
Rates as of 04:00 GMT Market Recap After an unusually volatile day we get an unusually quiet day, with only NZD showing any major move –…
Rates as of 04:00 GMT Market Recap It was a “risk-on” day as the Trump regime reached a deal with Moderna to buy 100m doses of…
Rates as of 04:00 GMT Market Recap A wild day! The main feature was a rise in US Treasury yields, both nominal and real, that knocked…
Rates as of 04:00 GMT Market Recap CAD was the best-performing currency as oil prices rose. Bet you’ve seen this graph before: The currency also got…
Rates as of 04:00 GMT Market Recap It’s hard to say whether there was a “risk-on” or “risk-off” market Friday. Rising US-China tension as Trump ordered…
Rates as of 04:00 GMT Market Recap We finally got the retracement in oil and CAD that I was expecting a few days ago, but with…
Rates as of 04:00 GMT Market Recap We’re more back to normal today: selling the dollar. Yesterday morning I was talking about EUR/USD’s struggle to stay…
Rates as of 04:00 GMT Market Recap Boy was I spectacularly wrong yesterday! This is why you want to trade with stops. As they say in…
