Rates as of 05:00 GMT Market Recap As on Friday it all comes down to the Omicron variant of the virus. What we learned over the…
Rates as of 05:00 GMT Market Recap We’ve been watching with trepidation the increase in virus cases in Europe. Now comes something else to worry about.…
Rates as of 05:00 GMT Market Recap As one economist quoted in the paper said, “It is fair to say that we didn’t see that coming.”…
Rates as of 05:00 GMT Market Recap Not much action in currencies overnight but a lot in oil. Oil prices rose after US President Biden announced…
Rates as of 05:00 GMT Market Recap Anyone in the market knows the saying “buy the rumor, sell the fact.” It means the quick money goes…
Rates as of 05:00 GMT Market Recap Financial markets were shaken on Friday by two things. One, three voting members of the rate-setting Federal Open Market…
Rates as of 05:00 GMT Market Recap A fairly quiet day in the currency market, with only EUR and JPY showing movements worth talking about. EUR…
Rates as of 05:00 GMT Market Recap It’s easy to understand why GBP did well yesterday. UK inflation is soaring – up 4.2% yoy from 3.1%…
Rates as of 05:00 GMT Market Recap Better-than-expected US retail sales figures encouraged an optimistic view of the US economy, sending US stocks further into record…
Rates as of 05:00 GMT Market Recap It was a good day for USD and a bad day for EUR (or a good day I suppose,…
