Rates as of 04:00 GMT Market Recap USD was looking weak when I wrote yesterday morning and it remained weak for most of the European day,…
Rates as of 04:00 GMT Market Recap The last day of the month was dominated by…month-end flows, naturally. This happens regularly as clockwork, and nearly as…
FX: Commitments of Traders (CoT) report Speculators hit a record-long position in EUR this week. The position is not only long in terms of number of…
Japan’s Prime Minister, Shinzo Abe, resigned suddenly on Friday, citing “ill health.” Having been elected in December 2012, Abe was the country’s longest-serving PM. His…
Rates as of 04:00 GMT Market Recap Japan PM Abe unexpectedly resigned on Friday, causing Tokyo stocks to decline and the yen to rise on a…
The week gone by was a wait of time, so to speak. The market was waiting to hear what Fed Chair Powell would say about the…
Rates as of 04:00 GMT Market Recap Rarely have I seen anything that was so important for the markets and so highly anticipated, yet at the…
Rates as of 04:00 GMT Market Recap In a continuing “risk-on” environment, with the S&P 500 up 1% and the NASDAQ up an astonishing 1.7%, the…
Rates as of 04:00 GMT Market Recap A “risk-on” day with stock market indices moving further into record territory. This has been the shortest bear market…
While the dollar is on a downtrend this week and against a basket of currencies, the USD dipped 0.1% to 93.180; it now sits at a…
