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Rates as of 05:00 GMT Market Recap A confusing day! European stock markets were mixed, US stocks higher, and Asian stock markets mixed today too –…
Rates as of 05:00 GMT Market Recap A confusing day! European stock markets were mixed, US stocks higher, and Asian stock markets mixed today too –…
Rates as of 05:00 GMT Market Recap A relatively quiet day in the FX market. The seemingly big move in NZD is only big in comparison…
Rates as of 05:00 GMT Market Recap Two big Reuters stories sent EUR higher. First, an article saying that the European Central Bank (ECB) was considering…
Rates as of 05:00 GMT Market Recap The RBNZ hiked rates 50 bps as expected and promised more. It kept a hawkish stance in the statement…
Rates as of 05:00 GMT Market Recap Financial markets were dominated by “risk-off” sentiment yesterday but without a clear catalyst. One can point to many factors.…
Rates as of 05:00 GMT Market Recap JPY is clearly the dominant story this morning. The currency plunged on news that Japan’s ruling coalition – the…
Rates as of 05:00 GMT Market Recap Well, it’s bye-bye Boris! I had expected that his departure would cause some near-term uncertainty and thereby cause the…
Rates as of 05:00 GMT I just want to point out though that more than 40 senior UK officials resigned yesterday, following Chancellor of the Exchequer…
Rates as of 05:00 GMT Market Recap Dramatic moves in the FX market! JPY pairs saw 3-standard-deviation (SD) moves, with EUR/JPY moving 4 SDs. EUR/USD saw…
Rates as of 05:00 GMT Market Recap AUD was the best-performing currency ahead of this morning’s rate decision by the Reserve Bank of Australia (RBA). In…