Rates as of 05:00 GMT Market Recap GBP was far and away the best-performing currency, as you can see from the chart. No clear trigger that…
Rates as of 05:00 GMT Market Recap Yesterday was “mean reversion day” as the market largely reversed Tuesday’s movements. JPY which had been the #1 gainer…
Rates as of 05:00 GMT Market Recap A fairly typical “risk-off” day, with the commodity currencies losing ground and JPY & USD gaining. The anomalies were…
Rates as of 05:00 GMT Market Recap The focus this morning is on, which plunged after the NZ government introduced a raft of new measures aimed…
Rates as of 05:00 GMT Market Recap Rather modest movements in the currency market since Friday morning. The biggest move was in the Turkish lira (TRY),…
One of the highlights of the coming week will be a web-based conference held by the Bank for International Settlements (BIS): “Innovation Summit 2021: How can…
Rates as of 05:00 GMT Market Recap The two central bank meetings over the last 24 hours were not the main thing pushing the FX market.…
Rates as of 05:00 GMT Market Recap Yesterday’s meeting of the Federal Open Market Committee (FOMC), the rate-setting body of the US central bank, clarified how…
Rates as of 05:00 GMT Market Recap A relatively calm day ahead of today’s Federal Open Market Committee (FOMC) meeting. Stocks in the US were little…
I expect the meeting of the rate-setting Federal Open Market Committee (FOMC) to be pretty routine. I don’t expect much if any change in the statement…
