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…
Market Recap Friday was supposed to be a huge, volatile day in the markets – a “quadruple witching hour,” with futures and options contracts expiring. In…
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…
Rates as of 04:00 GMT Market Recap The Bank of England did what everyone expected – raised the limit on its Asset Purchase Facility (APF) by…
Rates as of 04:00 GMT Market Recap A fairly clear “risk-off” day in the FX market: JPY and CHF the #1 and #2, CAD, AUD and…
Rates as of 04:00 GMT Market Recap I wonder what the P&L would be if you just operated by a simple rule: if AUD/JPY is higher…
Rates as of 04:00 GMT Market Recap I do wish investors could make up their minds. One day the world is collapsing, the next day everything…
Rates as of 04:00 GMT Market Recap The FX market isn’t giving a clear “risk-on” or “risk-off” signal this morning, probably because the stock markets aren’t,…
