Once again the Fed sets the pace, but it’s a hard act to follow. At least two other central banks (European Central Bank & Bank of…
Rates as of 04:00 GMT Market Recap I should’ve remembered the motto of the investment industry: “past performance is no guarantee of future performance.” The kind…
Rates as of 04:00 GMT Market Recap With the US and Canada on holiday, activity was slow and most currencies little changed. There was forex trading…
Rates as of 04:00 GMT Market Recap Is it possible? Did we actually have a normal, fundamental-driven market on Friday? It looks that way but you…
A while ago, it looked like central banks were irrelevant as far as the forex market was concerned. With monetary policy on hold for the foreseeable…
Market Recap The dollar, as measured by the DXY index, fell to its lowest level since May 2018 on a slew of bad US news. Some…
Rates as of 04:00 GMT Market Recap GBP was the big loser on Friday. It fell in anticipation of more disappointment from this week’s Brexit talks.…
A return to safe-haven assets pushed the dollar higher today with the GBP/USD tumbling 0.5% lower as of 10:00 GMT on Thursday. We, therefore, sold the…
Rates as of 04:00 GMT Market Recap Amazing day Friday! Nonfarm payrolls rose an astonishing 2500k, the highest on record. To say that “no one saw…
With Brexit talks resuming, we might see more volatility for the Pound. As Britain is signalling to compromise on issues like fishing rights and trade rules…
