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…
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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…
Rates as of 04:00 GMT Market Recap Boy was I spectacularly wrong yesterday! This is why you want to trade with stops. As they say in…
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…
Rates as of 04:00 GMT Market Recap The July meeting of the US Fed’s rate-setting Federal Open Market Committee (FOMC) had no notable surprises and made…
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…
Market Recap Good news on the vaccine front sparks “risk on” – The coronavirus vaccine developed by Oxford University and AstraZeneca has shown promising results in the…
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…