Rates as of 05:00 GMT Market Recap It all came down to Friday’s spectacular US nonfarm payrolls, which far exceeded expectations (see table above & commentary…
Rates as of 05:00 GMT Market Recap JPY continues to strengthen! This is a catastrophe for me as my older daughter is still in university in…
Rates as of 05:00 GMT Market Recap The Fed’s rate decision yesterday – to hike by 75 bps – was in line with market expectations and…
Rates as of 05:00 GMT Market Recap It’s gas, gas, gas today! EUR was the focus as natural gas prices rose 21% to hit their highest…
Rates as of 05:00 GMT Market Recap It was the ol’ “good news is bad news” for the dollar as a larger-than-expected fall in jobless claims…
Rates as of 05:00 GMT Market Recap Yesterday morning I suggested that after its big fall Tuesday, NZD/JPY might rebound on Wednesday. Boy did it ever!…
Rates as of 05:00 GMT Market Recap The main action yesterday was in stocks, which evidently didn’t like the idea of higher interest rates. Speaking at…
Rates as of 05:00 GMT Market Recap Only small changes in FX rates Friday & this morning. GBP continued what seems like its inexorable decline, the…
Rates as of 05:00 GMT Market Recap Not much movement in the currencies since Friday morning. The standout feature, such as it is, is the further…
Rates as of 05:00 GMT Market Recap Rather modest movements in the currency market since Friday morning. The biggest move was in the Turkish lira (TRY),…
