Rates as of 05:00 GMT Market Recap A big surprise with regards to US inflation. I had been concerned that despite the assurance from the Fed…
Rates as of 05:00 GMT Market Recap Only small changes in FX rates Friday & this morning. GBP continued what seems like its inexorable decline, the…
Rates as of 05:00 GMT Market Recap Another day, another leg lower for GBP. Selling sterling seems to be the market’s main occupation nowadays. Once again…
Rates as of 05:00 GMT Market Recap Oh dear…CAD was the best-performing currency yesterday, contrary to what some pundits – notably me – had expected. The…
Rates as of 05:00 GMT Market Recap Sometimes thin markets make for volatile trading as a few large orders hit a market without many participants to…
Rates as of 05:00 GMT Market Recap Expectations of faster US growth causing higher US inflation and higher US interest rates pushed the dollar up and…
Rates as of 05:00 GMT Market Recap JPY weakness continued to be a focus of the market as USD/JPY hit the highest it’s been since March…
Rates as of 05:00 GMT Market Recap Not much movement in the currencies since Friday morning. The standout feature, such as it is, is the further…
Rates as of 05:00 GMT Market Recap Yesterday was “mean reversion day” as the market largely reversed Tuesday’s movements. JPY which had been the #1 gainer…
Rates as of 05:00 GMT Market Recap Rather modest movements in the currency market since Friday morning. The biggest move was in the Turkish lira (TRY),…
