Rates as of 04:00 GMT Market Recap Yesterday morning I said markets had gone up for no discernable reason on Wednesday. They fell for the same…
The EUR/AUD is set to depreciate further if the recent support area can be broken. Yesterday’s latest GDP figures in Australia revealed that the nation’s economy…
Rates as of 04:00 GMT Market Recap It’s quite unusual nowadays to run my spreadsheet with the rates on it in the morning and find USD…
Rates as of 04:00 GMT Market Recap The last day of the month was dominated by…month-end flows, naturally. This happens regularly as clockwork, and nearly as…
Rates as of 04:00 GMT Market Recap Japan PM Abe unexpectedly resigned on Friday, causing Tokyo stocks to decline and the yen to rise on a…
Rates as of 04:00 GMT Market Recap Is it possible? Did we actually have a normal, fundamental-driven market on Friday? It looks that way but you…
We’ve had a dramatic week with lots of volatility. That’s one aspect of the summer doldrums: the absence of participants can either lead to a dull…
Rates as of 04:00 GMT Market Recap It was a “risk-on” day as the Trump regime reached a deal with Moderna to buy 100m doses of…
Rates as of 04:00 GMT Market Recap A wild day! The main feature was a rise in US Treasury yields, both nominal and real, that knocked…
Rates as of 04:00 GMT Market Recap CAD was the best-performing currency as oil prices rose. Bet you’ve seen this graph before: The currency also got…
