Rates as of 06:00 GMT Market Recap Risk sentiment recovered today as UK trials of the Oxford and AstraZeneca vaccine resumed and the CEO of Pfizer…
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Rates as of 04:00 GMT Market Recap I should’ve remembered the motto of the investment industry: “past performance is no guarantee of future performance.” The kind…
Two weeks ago, we were all waiting to hear what Fed Chair Jay Powell would say about the US central bank’s rethink of its monetary policy…
Rates as of 04:00 GMT Market Recap Yesterday morning I said markets had gone up for no discernable reason on Wednesday. They fell for the same…
The EUR/AUD is set to depreciate further if the recent support area can be broken. Yesterday’s latest GDP figures in Australia revealed that the nation’s economy…
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…
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…
Japan’s Prime Minister, Shinzo Abe, resigned suddenly on Friday, citing “ill health.” Having been elected in December 2012, Abe was the country’s longest-serving PM. His…
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…
The week gone by was a wait of time, so to speak. The market was waiting to hear what Fed Chair Powell would say about the…