Rates as of 05:00 GMT Market Recap CAD was the big winner overnight and we don’t have to go far to find out why. It seems…
Rates as of 05:00 GMT Market Recap CAD was the big mover since Friday morning. It fell through 1.29 again as oil prices firmed. Of course,…
Rates as of 05:00 GMT Market Recap The focus yesterday was squarely on Fed Chair Powell’s testimony to the Senate Committee on Banking, Housing, and Urban…
Rates as of 05:00 GMT Market Recap A more “risk-on” sentiment during the European and US days, with the Euro STOXX 600 index up 0.35% and…
Rates as of 05:00 GMT Market Recap With the US on holiday, risk sentiment improved. Oil prices rebounded and with them, CAD appreciated (as did the…
Rates as of 05:00 GMT Market Recap Oops! Yesterday I said that the Eurozone GDP usually “isn’t revised or if it is, it’s only by 10…
Rates as of 07:00 GMT Market Recap GBP had a volatile day yesterday, ranging from a low of 1.2431 at the start of business in London…
Rates as of 05:00 GMT Market Recap Many retail traders ignore fundamental analysis and focus entirely on technicals. Today’s market shows the mistake of that. Look…
Rates as of 05:00 GMT Market Recap An unusual day in the FX market where USD is the #1 currency and EUR the #2, meanwhile JPY…
Rates as of 05:00 GMT Market Recap It seems that much of Tuesday’s action was driven by something that happened Monday afternoon European time that I…
