The week just ending saw three central bank meetings: the Bank of Japan, the Bank of Canada and the European Central Bank. What was noticeable about…
With Brexit well underway and with everything more or less decided, there is not much uncertainty left in the markets. The question now is: Has the…
Rates as of 05:00 GMT Market Recap Yesterday’s European Central Bank (ECB) meeting was indeed the nothingburger that I predicted. There was little news besides the…
With a positive Brexit deal now the GBP is seemingly following with tailwinds. EURGBP to tumble lower again especially ahead of the ECB Interest Rate meeting…
Rates as of 05:30 GMT Market Recap A double whammy for CAD! First off, the Bank of Canada (BoC) statement was extremely dovish, contrary to what…
Rates as of 05:30 GMT Market Recap The China coronovirus story seems to be dominating the FX market. So far 440 confirmed cases and nine deaths.…
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…
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…
The Yen might gain further strength today. With stock prices at all-time highs and Gold on a rising path again we might see USD/JPY moving lower.…
The Pound steadied overnight against the USD after heavy losses. Yet the currency still trades below the psychological level of 1.30 and could give further way to…
