Rates as of 05:00 GMT Market Recap I find that graph of today’s change vs yesterday’s change immensely helpful in figuring out what’s going on…
Rates as of 05:00 GMT Market Recap Once again JPY moved higher even though wise & sagacious analysts with years of experience and profound insight into…
Rates as of 05:00 GMT Market Recap Not much happening in the FX market! GBP’s bad performance is being blamed on the rising virus count. It…
This last week we got more data that shows how Japan is lagging the recovery in the rest of the world. The Tokyo consumer price index…
Rates as of 05:00 GMT Market Recap I’ve found this new graph to be useful in understanding what went on overnight. Today for example we can…
Rates as of 05:00 GMT Market Recap Another momentum day: the changes Wednesday were pretty much in line with the changes Tuesday. I’m glad I made…
Rates as of 05:00 GMT Market Recap Just as Monday was a “mean reversion” day, Tuesday was a “momentum” day. Currencies tended to keep going the…
Rates as of 05:00 GMT Market Recap Yesterday is what I would call an almost perfect “Matthew Market” in FX. I’ve named it that after the…
Rates as of 05:00 GMT Market Recap The FX market is still spooked by the Fed’s change in tone. One of the key points is that…
Wednesday’s meeting of the rate-setting Federal Open Market Committee (FOMC) was a game-changer for the foreign exchange markets. Having been one of the most relaxed of…
