Rates as of 05:00 GMT Market Recap Friday’s US nonfarm payrolls were a huge shock. The 235k figure was far below even the lowest estimate among…
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The coming week is relatively light on economic data, as is usual for the second week of the month. That doesn’t mean it’s devoid of excitement…
Rates as of 05:00 GMT Market Recap Another “risk-on” day with the commodity currencies rising and the dollar weakening. USD has fallen 0.63% on a narrow…
Rates as of 05:00 GMT Market Recap AUD was the big mover over the last 24 hours. The move began with an almost vertical rise in…
Rates as of 05:00 GMT Market Recap The commodity currencies did well yesterday. That didn’t have anything to do with the data that I could see…
Rates as of 05:00 GMT Market Recap A day of small moves except as you can see for two currencies: NZD and CHF. NZD rose after…
Market Recap I was off last week learning to scuba dive, a childhood dream of mine. I had tried twice before and hated it both times…
The schedule next week is relatively quiet. The big feature will be the Fed’s annual get-together at the resort of Jackson Hole, Wyoming. As it says…
Rates as of 05:00 GMT Market Recap So the Fed is going to taper down its aid to the US economy as the delta variant surges…
Rates as of 05:00 GMT Market Recap Things were looking pretty good yesterday as the New York day started and at one point the S&P 500…