Rates as of 05:00 GMT Market Recap I have been working in the markets since 1979. I lived through the 1987 crash, the pound crashing out…
After a relatively empty schedule last week, there’s a lot more going on this coming week. I fear though that it’s likely to be drowned out…
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…
The Coronavirus in China intensifying we could see the AUD losing further momentum. A global slowdown would leave iron ore-rich Australia in a bad shape and…
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 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 05:30 GMT Market Recap JPY was the biggest mover on a trade-weighted basis. The move had nothing to do with the Bank of…
Two momentous events during the week just ending: the US and China signed a “Phase One” agreement, calling a truce in their trade war, and the…
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…
