Rates as of 05:00 GMT Market Recap The FX market continues to re-evaluate the prospects for CHF now that the Swiss National Bank (SNB) has started…
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Rates as of 05:00 GMT Market Recap The Fed raised rates by 75 bps, as expected. The reaction though was not as expected, at least not…
Rates as of 05:00 GMT Market Recap Currencies are really moving! The widening Japan rate differential with the rest of the world has lifted USD/JPY to…
Rates as of 05:00 GMT Market Recap The sell-off continues. Friday’s shocking US consumer price index ( CPI) is still reverberating through the markets. Some Wall…
Rates as of 05:00 GMT Market Recap The shocking rise in the US consumer price index (CPI) on Friday set the tone for the markets. Last…
Rates as of 05:00 GMT Market Recap The long-awaited European Central Bank (ECB) meeting was probably the worst-possible outcome for the ECB. The EUR fell, stock…
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 Volatility remains the name of the game. The NASDAQ index for example was up 1.6% at one point yesterday,…
Rates as of 05:00 GMT Market Recap Softening global growth expectations and rising virus cases turned into a bad day for commodities. China has instituted border…