Rates as of 04:00 GMT Market Recap Evidence is mounting that perhaps the global economy is past the worst. Yesterday’s service-sector purchasing managers’ indices all gained,…
With Brexit talks resuming, we might see more volatility for the Pound. As Britain is signalling to compromise on issues like fishing rights and trade rules…
Rates as of 04:00 GMT Market Recap Many people have wondered recently something along the lines of “how can the stock market be rallying while 30mn…
The COVID-19 virus has caused an unprecedented shock to the global economy, and with that an enormous shock to the currency markets. Now that the world…
Rates as of 04:00 GMT Market Recap USD down! In today’s topsy-turvy world, this was apparently because of optimism about the global recovery, which boosts the…
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 Fairly quiet in markets this morning. Stocks closed slightly higher in New York and are mostly lower in Asia…
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…
