Rates as of 05:00 GMT Market Recap Well, I was wrong about the Reserve Bank of Australia (RBA) but looking at the market’s reaction, I think…
Rates as of 05:00 GMT Market Recap A neither-here-nor-there day for risk as most stock markets were little changed. S&P 500 was up a bit, NASDAQ…
Rates as of 05:00 GMT Market Recap In the absence of any major news or economic indicators, the main theme in the FX market Friday was…
It’s yet another US nonfarm payrolls week. This indicator has always been the biggie of the month, but now with US inflation well above the Fed’s…
Rates as of 05:00 GMT Market Recap There’s a saying in Japanese, “A woman’s heart is as changeable as the autumn sky.” Putting aside the obvious…
Rates as of 05:00 GMT Market Recap Wow! The dollar got absolutely CLOBBERED! Moreover, it’s hard to attribute the move – pin the blame? – on…
Rates as of 05:00 GMT Market Recap Another day of relatively modest movements in the FX market. The focus is clearly on the stock markets, which…
The surprise of the week just ending was the dog that didn’t bark – the muted reaction (no reaction, in fact) to the higher-than-expected US consumer…
Rates as of 05:00 GMT Market Recap Not much worth writing about in the FX market today! Very small movements except in AUD and NZD. It…
Rates as of 05:00 GMT Market Recap Well, as usual I’m right but unfortunately the market doesn’t agree. NZD continued to appreciate despite my coruscatingly brilliant…
