The dollar lost some steam today after upbeat EU data boosted the euro and helped stoke hopes for a global economic recovery. Meanwhile, a spike in…
Market Recap Friday was supposed to be a huge, volatile day in the markets – a “quadruple witching hour,” with futures and options contracts expiring. In…
Major European indices opened higher on Wednesday, with the pan-European STOXX 600 index edging higher after reaching a one-month high yesterday on the Fed’s new bond-purchasing…
Rates as of 04:00 GMT Market Recap I wonder what the P&L would be if you just operated by a simple rule: if AUD/JPY is higher…
The title of my last weekly outlook was “Is the worst over?” This was referred to the economy, which was showing the proverbial “green shoots,” in…
Rates as of 04:00 GMT Market Recap I’ve rarely seen such an astonishing turnaround in market sentiment – from “buy anything” to “sell everything” in just…
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 Many people have wondered recently something along the lines of “how can the stock market be rallying while 30mn…
The COVID-19 virus has caused an unprecedented shock to the global economy, and with that an enormous shock to the currency markets. Now that the world…
We are getting some positive news from the UK, where seemingly the easing of the lockdown is causing people to increase their spending. While this might…
