Rates as of 05:00 GMT Market Recap Another sea of red when I call up the Bloomberg page of stock market indices, although oddly enough once…
Browsing: Forex
The yen is well known as a “safe haven” currency: that is, one that appreciates when there’s some major trouble in the world. This phenomenon is…
Rates as of 05:00 GMT Market Recap Generally a “risk on” day after China announced it was considering more stimulus measures to support the economy, such…
Rates as of 07:00 GMT Market Recap An Apple fell and hit the markets on the head! Apple Inc. warned about disruptions to both production and…
Market Recap The Reserve Bank of New Zealand (RBNZ) meeting today was much more hawkish than I (and apparently the market, too) had anticipated. I had…
Rates as of 05:30 GMT Market Recap Finally, we get a “Day C” – a day that isn’t either “risk on” (Day A) or “risk off”…
The week now ending had several memorable events: life outside the EU began for Britain, Trump escaped being tossed out of office, there were a number…
Rates as of 05:00 GMT Market Recap GBP was the stand-out currency after the Bank of England’s Monetary Policy Committee (MPC) came out with an oddly…
Having failed to push higher the USD seems to be losing steam. Yesterday, the US Federal Reserve left rates unchanged as widely expected, claiming that the…
Rates as of 06:00 GMT Market Recap More of the same – “risk off” moves sending the safe-haven JPY and CHF higher and the growth-sensitive commodity…