Rates as of 04:00 GMT Market Recap Yesterday was a big “risk-off” day during the European trading day, but by the time New York closed, sentiment…
Rates as of 04:00 GMT Market Recap GBP was the star yesterday ahead of UK Chancellor of the Exchequer Rishi Sunak’s Summer Fiscal Statement, or whatever…
Rates as of 04:00 GMT Market Recap I’ve rarely seen such a narrow trading range on a day. The major trade-weighted indices were all within a…
Rates as of 04:00 GMT Market Recap Very much a “risk-on” day today, with almost all stock markets in Asia trading higher at the time of…
During my career, I’ve often felt like Sisyphus: the fellow in Greek mythology doomed to roll a boulder up a hill, only to find that inches…
The Euro Australian Dollar (EUR/AUD) exchange rate has slumped this week with the pair last seen trading around the 1.62 mark after some upbeat data from…
Rates as of 04:00 GMT Market Recap Yesterday’’ US nonfarm payrolls (NFP) for June massively exceeded expectations, with the US adding 4.8m jobs vs 3.2mn exected.…
Rates as of 04:00 GMT Market Recap It was a “risk-on” day as encouraging news about a possible virus vaccine from Pfizer and BioNTech supported stocks…
The sterling held on firmly to the previous session’s gains today, despite worries about Britain’s trade negotiations with the European Union. There is room for a…
Rates as of 04:00 GMT Market Recap The FX market was largely driven by month- and quarter-end flows yesterday. These boosted CAD and GBP. The EUR/GBP…
