Rates as of 04:00 GMT Market Recap GBP once again stole the show. The EU has given PM Johnson until the end of the month to…
Rates as of 04:00 GMT Market Recap I should’ve remembered the motto of the investment industry: “past performance is no guarantee of future performance.” The kind…
Two weeks ago, we were all waiting to hear what Fed Chair Jay Powell would say about the US central bank’s rethink of its monetary policy…
The week gone by was a wait of time, so to speak. The market was waiting to hear what Fed Chair Powell would say about the…
A while ago, it looked like central banks were irrelevant as far as the forex market was concerned. With monetary policy on hold for the foreseeable…
We heard similar comments from three central banks this week. If I may quote the relevant parts: Bank of Japan: The Bank will continue with “Quantitative…
EU bourses headed lower today with the German DAX opening lower following a strong session across global equity markets overnight after the prospect of a potential…
Rates as of 04:00 GMT Market Recap More optimism on a virus vaccine kept the “risk-on” mood going yesterday. After the encouraging news Tuesday about Moderna’s…
OK, I admit, the headline should read “To “V” or to “W”, but how could I resist? So far, it looks like a “V” shaped recovery.…
I’ve been writing FX comments for…well, I don’t want to say how long. Let’s just say that when I first started in this business, I used…
