Rates as of 05:00 GMT Market Recap The second graph above tells the story nicely: by and large it was a reversal day in the FX…
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…
Rates as of 05:00 GMT Market Recap A big surprise with regards to US inflation. I had been concerned that despite the assurance from the Fed…
Rates as of 05:00 GMT Market Recap After several days of decline, the beleaguered pound bounced back yesterday. It was the best-performing currency of the day.…
Rates as of 05:00 GMT Market Recap Only small changes in FX rates Friday & this morning. GBP continued what seems like its inexorable decline, the…
Rates as of 05:00 GMT Market Recap Another day, another leg lower for GBP. Selling sterling seems to be the market’s main occupation nowadays. Once again…
