Rates as of 04:00 GMT Market Recap A wild day for sentiment! The NASDAQ opened up 1.1% higher and proceeded to gain to stand +2.0% at…
Rates as of 04:00 GMT Market Recap Yesterday’’ US nonfarm payrolls (NFP) for June massively exceeded expectations, with the US adding 4.8m jobs vs 3.2mn exected.…
Rates as of 04:00 GMT Market Recap GBP was the big loser on Friday. It fell in anticipation of more disappointment from this week’s Brexit talks.…
Rates as of 04:00 GMT Market Recap Yo-yo markets! Wednesday the S&P 500 was down 2.6% and all the Asian markets were lower, Thursday the S&P…
I’ve been writing FX comments for…well, I don’t want to say how long. Let’s just say that when I first started in this business, I used…
Rates as of 04:00 GMT Market Recap It was generally a “risk-on” mood in FX yesterday even though US stocks struggled and closed lower. EUR led…
Rates as of 04:00 GMT Market Recap Evidence is mounting that perhaps the global economy is past the worst. Yesterday’s service-sector purchasing managers’ indices all gained,…
Rates as of 04:00 GMT Market Recap Many people have wondered recently something along the lines of “how can the stock market be rallying while 30mn…
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…
The COVID-19 virus has caused an unprecedented shock to the global economy, and with that an enormous shock to the currency markets. Now that the world…
