Rates as of 05:00 GMT Market Recap The long-awaited European Central Bank (ECB) meeting was probably the worst-possible outcome for the ECB. The EUR fell, stock…
Rates as of 05:00 GMT Market Recap Oops! Yesterday I said that the Eurozone GDP usually “isn’t revised or if it is, it’s only by 10…
Rates as of 07:00 GMT Market Recap GBP had a volatile day yesterday, ranging from a low of 1.2431 at the start of business in London…
Rates as of 05:00 GMT Market Recap Many retail traders ignore fundamental analysis and focus entirely on technicals. Today’s market shows the mistake of that. Look…
Rates as of 05:00 GMT Market Recap An unusual day in the FX market where USD is the #1 currency and EUR the #2, meanwhile JPY…
Rates as of 05:00 GMT Market Recap It seems that much of Tuesday’s action was driven by something that happened Monday afternoon European time that I…
Rates as of 05:00 GMT Market Recap It’s “risk-on” again although I’m puzzled as to what exactly has caused the change in heart. Sometimes the markets…
Rates as of 05:00 GMT Market Recap Well, maybe I will be able to retire eventually after all… Equity market sentiment improved substantially yesterday, with the…
Rates as of 05:00 GMT Market Recap From “transitory” to “expeditiously” In the minutes of the May meeting of the Federal Open Market Committee (FOMC), the…
Rates as of 05:00 GMT Market Recap The star performer overnight was obviously NZD, which jumped based on a more aggressive-than-expected Reserve Bank of New Zealand…
