Rates as of 04:00 GMT Market Recap A “risk off” day in New York, with stocks trading lower. Tokyo and Sydney are lower this morning too.…
The novel coronavirus has brought upon a “series of unfortunate events”, causing most markets to plummet including the ailing oil industry. With the world now at…
Rates as of 04:00 GMT Market Recap Yesterday morning I suggested that the end of Q1 and the portfolio rebalancing flows would give us a clearer…
Rates as of 04:00 GMT Market Recap US stocks up nicely (3.4%) overnight and were indicated up +0.2% when I started writing this comment this morning.…
Rates as of 05:00 GMT Market Recap The Bank of Canada (BoC) cut its policy rate by 50 bps and left the door open for further…
Rates as of 04:30 GMT Market Recap As I said a few days ago, it’s either “Day A” or “Day B” nowadays. “Day A” is “risk-on,”…
Despite our long term trade in the EURCAD we also like the current looks of the 1h chart and would short the pair now. We sold…
1. Dollar Higher on Upbeat NFP But Trade War Looms The dollar traded higher against its Japanese counterpart (USDJPY) on Monday after the release of an…
1. Pound Lower As Doubts Over BOE Rate Hike Rise The British pound plummeted to two-week lows against the dollar this morning after the Bank of…
1. Gold Plummets On Strong Dollar Ahead Of Fed Minutes Gold prices plummeted this morning to hit a one-week low as the dollar strengthened ahead of…
