Rates as of 05:00 GMT Market Recap The Bank of Canada (BoC) cut its policy rate by 50 bps and left the door open for further…
Rates as of 05:00 GMT Market Recap The Fed surprised the markets with a unanimous inter-meeting 50 bps cut. This followed a conference call among the…
After a relatively empty schedule last week, there’s a lot more going on this coming week. I fear though that it’s likely to be drowned out…
Rates as of 04:30 GMT Market Recap As I said a few days ago, it’s either “Day A” or “Day B” nowadays. “Day A” is “risk-on,”…
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…
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.…
Two momentous events during the week just ending: the US and China signed a “Phase One” agreement, calling a truce in their trade war, and the…
1. Safe Havens Rally as China Gives US Ultimatum China published a white paper which makes it very clear that the US is to blame for…
1. BOJ Outlook To Continue Boosting The USD/JPY As expected, BOJ decided to keep its forward guidance unchanged promising to hold the interest rate at the…
