Rates as of 05:00 GMT Market Recap Better-than-expected US retail sales figures encouraged an optimistic view of the US economy, sending US stocks further into record…
Rates as of 05:00 GMT Market Recap It was a good day for USD and a bad day for EUR (or a good day I suppose,…
Rates as of 05:00 GMT Market Recap Generally a “risk-on” day, with all three commodity currencies gaining and USD losing ground. AUD was the main winner.…
Rates as of 05:00 GMT Market Recap It was a relatively quiet day yesterday with several markets closed for Veteran’s Day. The only two currencies that…
Rates as of 05:00 GMT Market Recap Yesterday I included a graph of the Citi inflation surprise indices and pointed out that inflation had surprised on…
Rates as of 05:00 GMT Market Recap Rarely have I seen a day when two currencies stood out like this. Looking at the timing of the…
Rates as of 05:00 GMT Market Recap I have to say I’m astonished at today’s outperformance of GBP. I can only assume it’s simply some profit-taking…
Rates as of 05:00 GMT Market Recap Well we now know what the theme song of the Bank of England is! (You’ll have to click the…
Rates as of 05:00 GMT Market Recap Fed decision: The Fed yesterday announced that it would taper down its monthly bond purchases, to no one’s surprise.…
The Bank of England is not likely to make any policy changes at its meeting this week. The focus then will be on any changes in…
