Rates as of 06:00 GMT Market Recap The week is starting out with a classic “risk off” move as the unknown and unmeasurable threat of the…
With Brexit well underway and with everything more or less decided, there is not much uncertainty left in the markets. The question now is: Has the…
Rates as of 05:30 GMT Market Recap A double whammy for CAD! First off, the Bank of Canada (BoC) statement was extremely dovish, contrary to what…
Rates as of 05:30 GMT Market Recap The China coronovirus story seems to be dominating the FX market. So far 440 confirmed cases and nine deaths.…
Rates as of 05:30 GMT Market Recap JPY was the biggest mover on a trade-weighted basis. The move had nothing to do with the Bank of…
Rates as of 05:30 GMT Market Recap The dollar is stronger all around this morning, except vs JPY. USD rose on Friday after US housing starts…
Market Recap Interesting move today – both JPY and AUD lost about the same ground vs USD. This suggests that the “risk-on, risk-off” pattern is fading. Perhaps we’re seeing a…
The Pound steadied overnight against the USD after heavy losses. Yet the currency still trades below the psychological level of 1.30 and could give further way to…
1. US/Iran Tensions Intensify Iran’s government is now facing anti-government protests after the Iranian regime admitted that its armed forces unintentionally shot down the Ukrainian passenger…
1. Markets Dip As Christmas Draws Nearer EU bourses edged lower on Monday after nearing a record high in the previous session, as trading volumes thinned…
