Rates as of 05:00 GMT Market Recap Better-than-expected preliminary purchasing managers’ indices (PMIs) on Friday drove a “risk-on” mood…
The week ahead is filled with two major central bank meetings, a speech by President Biden, and a lot of important data. The result should be,…
Rates as of 05:00 GMT Market Recap Not much movement in the FX world overnight. EUR was particularly quiet, given that there was a European Central…
Rates as of 05:00 GMT Market Recap CAD was center stage overnight, with a press disaster around the Bank of Canada meeting capturing everyone’s attention. According…
Rates as of 05:00 GMT Market Recap There’s a saying in Japanese, “A woman’s heart is as changeable as the autumn sky.” Putting aside the obvious…
Rates as of 05:00 GMT Market Recap Wow! The dollar got absolutely CLOBBERED! Moreover, it’s hard to attribute the move – pin the blame? – on…
Rates as of 05:00 GMT Market Recap Another day of relatively modest movements in the FX market. The focus is clearly on the stock markets, which…
The surprise of the week just ending was the dog that didn’t bark – the muted reaction (no reaction, in fact) to the higher-than-expected US consumer…
Rates as of 05:00 GMT Market Recap Not much worth writing about in the FX market today! Very small movements except in AUD and NZD. It…
Rates as of 05:00 GMT Market Recap Well, as usual I’m right but unfortunately the market doesn’t agree. NZD continued to appreciate despite my coruscatingly brilliant…
