The monthly update of the shadow policy rates (see explanation at bottom) shows that there’s been little change in most of them over the month of…
Rates as of 04:00 GMT Market Recap USD was looking weak when I wrote yesterday morning and it remained weak for most of the European day,…
Rates as of 04:00 GMT Market Recap The last day of the month was dominated by…month-end flows, naturally. This happens regularly as clockwork, and nearly as…
FX: Commitments of Traders (CoT) report Speculators hit a record-long position in EUR this week. The position is not only long in terms of number of…
Rates as of 04:00 GMT Market Recap Japan PM Abe unexpectedly resigned on Friday, causing Tokyo stocks to decline and the yen to rise on a…
Rates as of 04:00 GMT Market Recap Rarely have I seen anything that was so important for the markets and so highly anticipated, yet at the…
Rates as of 04:00 GMT Market Recap In a continuing “risk-on” environment, with the S&P 500 up 1% and the NASDAQ up an astonishing 1.7%, the…
Rates as of 04:00 GMT Market Recap A “risk-on” day with stock market indices moving further into record territory. This has been the shortest bear market…
Commitments of Traders (CoT) report Speculators just keep getting more and more long EUR and short USD. Most of the change last week was through an…
After a 600pip move higher, the EUR could be ready for a break lower. Most technical indicators are in extreme overbought conditions showing potential risk to…
