Rates as of 04:00 GMT Market Recap A wild day for sentiment! The NASDAQ opened up 1.1% higher and proceeded to gain to stand +2.0% at…
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Rates as of 04:00 GMT Market Recap Yesterday’’ US nonfarm payrolls (NFP) for June massively exceeded expectations, with the US adding 4.8m jobs vs 3.2mn exected.…
I’ve been writing FX comments for…well, I don’t want to say how long. Let’s just say that when I first started in this business, I used…
Rates as of 04:00 GMT Market Recap A fairly clear “risk-off” day in the FX market: JPY and CHF the #1 and #2, CAD, AUD and…
As anticipated, the EUR/USD lost steam this week as the dollar recovered and amid increased stimulus by European Central Bank President in its effort to combat…
Rates as of 04:00 GMT Market Recap Amazing day Friday! Nonfarm payrolls rose an astonishing 2500k, the highest on record. To say that “no one saw…
Rates as of 04:00 GMT Market Recap Risk on day today! Nowadays I start my day not by looking at the FX rates but rather by…
Rates as of 04:00 GMT Market Recap Fairly quiet in markets this morning. Stocks closed slightly higher in New York and are mostly lower in Asia…
We’ve heard from a number of central banks recently. In fact, we’ve been hearing from central banks almost constantly, in unscheduled meetings as well as scheduled.…
The novel coronavirus has brought upon a “series of unfortunate events”, causing most markets to plummet including the ailing oil industry. With the world now at…