Rates as of 05:00 GMT Market Recap An unusual day in the FX market where USD is the #1 currency and EUR the #2, meanwhile JPY…
Rates as of 05:00 GMT Market Recap It seems that much of Tuesday’s action was driven by something that happened Monday afternoon European time that I…
Rates as of 05:00 GMT Wheat market I was interviewed this morning by Dubai One TV on the subject of wheat. The price has soared since…
Rates as of 05:30 GMT Market Recap That was a surprise! US Q1 GDP was expected to have risen +1.0% qoq SAAR in Q1 but instead…
Rates as of 05:30 GMT Market Recap USD kept powering ahead as US yields rose further. The two-year yield, which is sensitive to expected changes in…
Rates as of 06:30 GMT Market Recap Stock markets continue to lead as Monday’s bounce proved short-lived. There wasn’t necessarily any particular trigger for yesterday’s sell-off,…
Rates as of 06:30 GMT Market Recap The focus now is on China and the prospects of further lockdowns there as COVID-19 cases surge and parts…
Rates as of 06:30 GMT Market Recap French President Macron won a second term, the first French president to achieve that goal in two decades. Preliminary…
Rates as of 06:30 GMT Market Recap US Fed Chair Powell gave the markets a kick when he suggested the Fed is likely to hike 50…
Rates as of 05:00 GMT Market Recap Rarely have I seen one currency so dominate the day’s activity! Most currencies were little changed – the trade-weighted…
