![NZD Outperforms as Recession fears Bite; US holiday, RBA meeting](https://blog.bdswiss.com/wp-content/uploads/2021/10/RBA-Reserve-Bank-of-Australia-06-312x198.jpg)
Rates as of 05:00 GMT Market Recap NZD was the clear winner today but it’s hard to explain why. The currency was plunging on Friday morning…
Rates as of 05:00 GMT Market Recap NZD was the clear winner today but it’s hard to explain why. The currency was plunging on Friday morning…
Rates as of 05:00 GMT Market Recap Looking at the second graph above, today seems to be largely a continuation of yesterday – most of the…
Rates as of 05:00 GMT Market Recap Currencies yesterday moved largely on interest rate changes. Sharp-eyed viewers may notice that CHF isn’t included in the above…
Rates as of 05:00 GMT Market Recap CAD was the big winner overnight and we don’t have to go far to find out why. It seems…
Rates as of 05:00 GMT Market Recap CAD was the big mover since Friday morning. It fell through 1.29 again as oil prices firmed. Of course,…
Rates as of 05:00 GMT Market Recap The focus yesterday was squarely on Fed Chair Powell’s testimony to the Senate Committee on Banking, Housing, and Urban…
Rates as of 05:00 GMT Market Recap A more “risk-on” sentiment during the European and US days, with the Euro STOXX 600 index up 0.35% and…
Rates as of 05:00 GMT Market Recap With the US on holiday, risk sentiment improved. Oil prices rebounded and with them, CAD appreciated (as did the…
Rates as of 05:00 GMT Market Recap The FX market continues to re-evaluate the prospects for CHF now that the Swiss National Bank (SNB) has started…
Rates as of 05:00 GMT Market Recap The Fed raised rates by 75 bps, as expected. The reaction though was not as expected, at least not…