Rates as of 04:00 GMT Market Recap We’ve already had the big news for the day out – Japan Q2 GDP was slightly weaker than expected,…
Rates as of 04:00 GMT Market Recap It’s hard to say whether there was a “risk-on” or “risk-off” market Friday. Rising US-China tension as Trump ordered…
Rates as of 04:00 GMT Market Recap We finally got the retracement in oil and CAD that I was expecting a few days ago, but with…
Rates as of 04:00 GMT Market Recap Yesterday was a big “risk-off” day during the European trading day, but by the time New York closed, sentiment…
Rates as of 04:00 GMT Market Recap The FX market was largely driven by month- and quarter-end flows yesterday. These boosted CAD and GBP. The EUR/GBP…
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,…
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…
Rates as of 04:00 GMT Market Recap Riots continue sporadically across the US, although most demonstrations are peaceful. Many cities have curfews to prevent night-time violence.…
Rates as of 04:00 GMT Market Recap A “risk off” day proves extremely negative for USD! US stocks closed up 1.23%. The S&P 500 spent most…
USD/CAD has seen increased volatility in the past months due to a number of factors, including the massive oil price slump, the Fed’s stimulus measures and…
