Rates as of 04:00 GMT Market Recap We’re more back to normal today: selling the dollar. Yesterday morning I was talking about EUR/USD’s struggle to stay…
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Rates as of 04:00 GMT Market Recap Increasing tensions with China over TikTok, a rising virus count, downward revision in long-term credit outlook (from “stable” to…
As gold breaks through the $2,000 level and hits a record high, many traders are asking: has gold gone too far? The answer is that of…
Market Recap The dollar, as measured by the DXY index, fell to its lowest level since May 2018 on a slew of bad US news. Some…
After a 600pip move higher, the EUR could be ready for a break lower. Most technical indicators are in extreme overbought conditions showing potential risk to…
Rates as of 04:00 GMT Market Recap A mixed day for risk in the stock markets, with the S&P 500 up but NASDAQ down and stocks…
EU bourses headed lower today with the German DAX opening lower following a strong session across global equity markets overnight after the prospect of a potential…
Rates as of 04:00 GMT Market Recap More optimism on a virus vaccine kept the “risk-on” mood going yesterday. After the encouraging news Tuesday about Moderna’s…
Rates as of 04:00 GMT Market Recap A big “risk-on” day in New York, with the DJIA in particular showing a 2.1% jump (S&P 500 a…
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…