Rates as of 06:30 GMT Market Recap JPY keeps sinking (USD/JPY keeps moving higher)! Verbal intervention from Bank of Japan Gov. Kuroda and Japan Finance Minister…
Rates as of 06:30 GMT Market Recap Hard to pin a reason on movements when other markets are largely closed While trading in most government bonds…
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…
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…
