Rates as of 04:00 GMT Market Recap A “risk off” day proves extremely negative for USD! US stocks closed up 1.23%. The S&P 500 spent most…
Rates as of 04:00 GMT Market Recap Risk on day today! Nowadays I start my day not by looking at the FX rates but rather by…
Rates as of 04:00 GMT Market Recap In general it’s a “risk-off” day today. Stocks closed down 0.8% on Wall Street and all Asian markets are…
Rates as of 04:00 GMT Market Recap Collapse of the pound! GBP was the outstanding mover yesterday after Bank of England Gov. Bailey said that the…
Rates as of 04:00 GMT Market Recap Not so fast! When I wrote this comment yesterday morning, everyone was all excited about the news of a…
Rates as of 04:00 GMT Market Recap Stocks soar! S&P 500 up 3.2%, all Asian markets (even India!) up this morning after drugmaker Moderna said the…
Rates as of 04:00 GMT An astonishing disconnect between economic statistics and the markets – Wall Street closes up 1.7% on the day that the absolute…
Markets are getting very excited at the prospect of countries coming out from under lockdown. Investors are assuming that as countries come out of lockdown, economies…
Rates as of 04:00 GMT Market Recap Risk on, risk off. Risk off, risk on. That’s basically what it comes down to nowadays. Yesterday was “risk…
Rates as of 04:00 GMT Market Recap Another “risk on” day with US stocks up 0.9% and most Asian markets following suit today. Things were even…
