During my career, I’ve often felt like Sisyphus: the fellow in Greek mythology doomed to roll a boulder up a hill, only to find that inches…
The Euro Australian Dollar (EUR/AUD) exchange rate has slumped this week with the pair last seen trading around the 1.62 mark after some upbeat data from…
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.…
Rates as of 04:00 GMT Market Recap The FX market was largely driven by month- and quarter-end flows yesterday. These boosted CAD and GBP. The EUR/GBP…
Rates as of 04:00 GMT Market Recap It was a “risk-on” mood yesterday as an astonishing turnaround in US pending home sales (-21.8% mom in April,…
Rates as of 04:00 GMT Market Recap GBP was the big loser on Friday. It fell in anticipation of more disappointment from this week’s Brexit talks.…
Rates as of 04:00 GMT Market Recap People are getting worried about the virus again. It seems that the “second wave” has arrived even before the…
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…
Rates as of 04:00 GMT Market Recap FX markets were largely driven by dollar weakness as yesterday’s flash purchasing managers’ indices (PMIs) showed that the pace…
Rates as of 04:00 GMT Market Recap We’re back to China trade as a main mover today. First White House trade adviser Navarro said something about…
