We heard from three central banks this week: the Reserve Bank of New Zealand (RBNZ), the Bank of Canada (BoC), and the European Central Bank (ECB).…
Browsing: EURUSD
Rates as of 06:00 GMT Market Recap Another day of “monetary policy divergence.” The European Central Bank (ECB) met yesterday and did exactly what was expected…
Rates as of 06:30 GMT Market Recap Interesting contrast! Tuesday the Reserve Bank of New Zealand (RBNZ) hiked by 50 bps instead of the 25 bps…
Rates as of 06:30 GMT Market Recap Well, I got it part of it right – the RBNZ did indeed raise the Official Cash Rate (OCR)…
Rates as of 06:00 GMT Market Recap EUR gapped higher at the opening Monday as it became clear that President Macron was ahead in the French…
There are three major central bank meetings next week: the Reserve Bank of New Zealand (RBNZ) and Bank of Canada on Wednesday and the European Central…
Rates as of 05:00 GMT Market Recap It’s notable that the EUR fell yesterday despite an extremely hawkish set of minutes from the latest European Central…
Rates as of 06:30 GMT Market Recap The market giveth, the market taketh away. Boyth! AUD was up about 1.2% on a trade-weighted basis Tuesday…
Rates as of 06:00 GMT Market Recap Fed Gov. Brainard’s speech was the main focus of attention yesterday. She called for a “rapid pace” of…
Rates as of 06:30 GMT Market Recap Some big moves in the FX rates today! The stunning move was in AUD. It had been drifting higher…