Rates as of 05:00 GMT Market Recap The AUD rally continued (as did JPY retracement) as risk aversion wanes and the “risk-on” mood spread. The S&P…
Rates as of 05:00 GMT Market Recap Monday was a reversal day, Tuesday was a continuation of that reversal, with the commodity currencies gaining particularly CAD…
Rates as of 05:00 GMT Market Recap A day of reversals as the best-performing currencies yesterday were the worst today and vice-versa. What I’ve called a…
Rates as of 07:30 0 GMT Friday’s US nonfarm payrolls The nonfarm payrolls fell well short of expectations at +210k vs the market consensus forecast of…
Rates as of 05:00 GMT Market Recap After days of some volatility, FX rates were little changed overnight. I’m astonished to see oil up and CAD…
Rates as of 05:00 GMT Market Recap FX market moves today look like a typical “risk-off” basket move, with JPY up and the three commodity currencies…
Rates as of 05:00 GMT Market Recap As on Friday it all comes down to the Omicron variant of the virus. What we learned over the…
Rates as of 05:00 GMT Market Recap As one economist quoted in the paper said, “It is fair to say that we didn’t see that coming.”…
Rates as of 05:00 GMT Market Recap Not much action in currencies overnight but a lot in oil. Oil prices rose after US President Biden announced…
Rates as of 05:00 GMT Market Recap Financial markets were shaken on Friday by two things. One, three voting members of the rate-setting Federal Open Market…
