Rates as of 05:00 GMT Market Recap It’s the virus again. The Netherlands was the first EU country to re-enter a strict nationwide lockdown in response…
Browsing: corona virus
Rates as of 05:00 GMT Market Recap Boy what a day! Somehow the financial world managed to get through all those central bank meetings and data.…
Rates as of 05:00 GMT Market Recap The theme song of yesterday’s meeting of the Federal Open Market Committee (FOMC) was clear and simple: I want…
Rates as of 05:00 GMT Market Recap Calm before the storm? Not much movement in currency rates over the last 24 hours. I consider a movement…
Rates as of 05:00 GMT Market Recap Today we can demonstrate what the phrase “a sea of red” means when we look at Bloomberg page WEI…
Rates as of 05:00 GMT Market Recap Somewhat odd movements this morning. The general sense is “risk-on” after Friday’s dreaded US consumer price index (CPI) came…
Rates as of 05:00 GMT Market Recap Largely a reversal day – note how most currencies line up along the blue dotted line in the second…
Rates as of 05:00 GMT Market Recap The AUD rally continued (as did JPY retracement) as risk aversion wanes and the “risk-on” mood spread. The S&P…
Rates as of 05:00 GMT Market Recap Monday was a reversal day, Tuesday was a continuation of that reversal, with the commodity currencies gaining particularly CAD…
Rates as of 05:00 GMT Market Recap A day of reversals as the best-performing currencies yesterday were the worst today and vice-versa. What I’ve called a…