Rates as of 05:00 GMT Market Recap Two big Reuters stories sent EUR higher. First, an article saying that the European Central Bank (ECB) was considering…
Rates as of 05:00 GMT Market Recap Risk appetite generally returned, pushing commodity currencies higher and the safe-haven CHF and USD lower. After trading through parity…
Rates as of 05:00 GMT Market Recap The US news on Friday was what’s called a “Goldilocks” scenario: not too hot, not too cold, but just…
Rates as of 05:00 GMT Market Recap The RBNZ hiked rates 50 bps as expected and promised more. It kept a hawkish stance in the statement…
In Western Europe, May 8th, the day that the Allies accepted Germany’s unconditional surrender in 1945, is observed as Victory in Europe Day or VE Day.…
Oh, to be back in Japan now. Next week is Golden Week in Japan. That means there are three consecutive holidays: Tuesday: Constitutional Memorial Day Wednesday:…
The International Monetary Fund (IMF) and World Bank held their annual spring meeting this week. As part of the festivities they released their World Economic Outlook.…
We heard from three central banks this week: the Reserve Bank of New Zealand (RBNZ), the Bank of Canada (BoC), and the European Central Bank (ECB).…
Rates as of 06:30 GMT Market Recap Interesting contrast! Tuesday the Reserve Bank of New Zealand (RBNZ) hiked by 50 bps instead of the 25 bps…
Rates as of 06:30 GMT Market Recap Well, I got it part of it right – the RBNZ did indeed raise the Official Cash Rate (OCR)…
