Rates as of 05:00 GMT Market Recap Well, it’s bye-bye Boris! I had expected that his departure would cause some near-term uncertainty and thereby cause the…
Rates as of 04:00 GMT Market Recap It was a “risk-on” mood yesterday as an astonishing turnaround in US pending home sales (-21.8% mom in April,…
1. Stock Markets Deflate as China Lays Terms for Signing a Phase 1 Deal Global bourses deflated on Wednesday after posting a 3-day winning streak as…
1. Will the GBP Plummet on the Supreme Court’s Ruling? The GBP is losing traction as the Supreme Court rules on whether Boris Johnson has misled…
Back in August, U.K. PM Boris Johnson asked the Queen to suspend the Parliament for a month in what was characterised as an unprecedented and unconstitutional…
1. Forex Preview: AUD Edges Higher on Strong Home Loans Data The Australian dollar edged higher today after some very robust Home Loans data early this…
1. Markets React to New Round of Tariffs Overnight the additional US tariffs on Chinese goods went into effect pushing markets mildly lower in Asia. The bearish…
1. Forex Preview: USD Higher, EUR & GBP Lower The USD is currently trading further higher in the midst of no better alternative around than the…
1. Forex Preview: USD Continues to Dominate Positive developments on the U.S.-China trade front have given the USD a big lift with a fresh round of…
