Rates as of 05:00 GMT Market Recap It wasn’t what Fed Chair Powell said, it was what he didn’t say that roiled the markets. He acknowledged…
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Rates as of 05:00 GMT Market Recap Boy what a day! I’ve rarely seen such huge moves in currency rates in a day recently. It’s hard…
Rates as of 05:00 GMT Market Recap How things change! Yesterday the screen was all green when I woke up and I was asking for songs…
Note: The table above is updated before publication with the latest consensus forecasts. However, the text & charts are prepared ahead of time. Therefore there can…
I had my weekly all written this morning, but obviously it got blown out of the water by the news about Trump getting the virus. Please…
Rates as of 04:00 GMT Market Recap USD was looking weak when I wrote yesterday morning and it remained weak for most of the European day,…
Rates as of 04:00 GMT Market Recap The FX market was largely driven by month- and quarter-end flows yesterday. These boosted CAD and GBP. The EUR/GBP…
The title of my last weekly outlook was “Is the worst over?” This was referred to the economy, which was showing the proverbial “green shoots,” in…
Rates as of 04:00 GMT Market Recap Riots continue sporadically across the US, although most demonstrations are peaceful. Many cities have curfews to prevent night-time violence.…
Rates as of 04:00 GMT Market Recap Riots across America, US-China relations worsening, deaths starting to creep up again as countries emerge from lockdown, mixed China…