Rates as of 05:00 GMT Market Recap Another dull-as-dishwater day in the markets, thanks to the holidays in the UK and US. The only excitement was…
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Rates as of 05:00 GMT Market Recap The rates scream “holiday market.” With the UK and US on holiday today, it appears that traders decided to…
Rates as of 04:00 GMT Market Recap Once again, a fairly constrained FX market. Moves were mostly limited heading into the long weekend (the US and…
Market Recap My Excel crashed yesterday before I saved the tables and so I only have the above table, which is from Bloomberg. Unfortunately, when they…
Rates as of 05:00 GMT Market Recap Boy was I wrong about the Reserve Bank of New Zealand! Not necessarily about what they would decide, but…
Rates as of 05:00 GMT Market Recap A generally “risk-on” day as fears about inflation subside somewhat and investors calm down about potential Fed tightening, at…
This past weekend was the eighth anniversary of the famous 2013/14 “taper tantrum.” In light of the fact that last week’s minutes of the April meeting…
Rates as of 04:00 GMT Market Recap Is the European recovery already priced in? Most of Friday’s preliminary purchasing managers’ indices (PMIs) beat expectations handily, except…
1. EU Markets Edge Higher as EUR and USD Remain Subdued The greenback remained subdued on Monday morning trading especially lower against the NZD and AUD…
1. US Election Results Spark Dollar Weakness The dollar weakened after Democrats won control of the U.S. House of Representatives, boosting the party’s ability to block…