Rates as of 05:00 GMT Market Recap Rising inflation and expectations of more hawkish central bank response were the two themes moving the market yesterday. First,…
Rates as of 05:00 GMT Market Recap The RBNZ hiked rates 50 bps as expected and promised more. It kept a hawkish stance in the statement…
Rates as of 05:00 GMT Market Recap Financial markets were dominated by “risk-off” sentiment yesterday but without a clear catalyst. One can point to many factors.…
Rates as of 05:00 GMT Market Recap JPY is clearly the dominant story this morning. The currency plunged on news that Japan’s ruling coalition – the…
Rates as of 05:00 GMT Market Recap Dramatic moves in the FX market! JPY pairs saw 3-standard-deviation (SD) moves, with EUR/JPY moving 4 SDs. EUR/USD saw…
Rates as of 05:00 GMT Market Recap AUD was the best-performing currency ahead of this morning’s rate decision by the Reserve Bank of Australia (RBA). In…
Rates as of 05:00 GMT Market Recap NZD was the clear winner today but it’s hard to explain why. The currency was plunging on Friday morning…
Rates as of 05:00 GMT Market Recap Looking at the second graph above, today seems to be largely a continuation of yesterday – most of the…
Rates as of 05:00 GMT Market Recap Currencies yesterday moved largely on interest rate changes. Sharp-eyed viewers may notice that CHF isn’t included in the above…
Rates as of 05:00 GMT Market Recap A more “risk-on” sentiment during the European and US days, with the Euro STOXX 600 index up 0.35% and…
