Rates as of 05:00 GMT Market Recap It’s the virus again. The Netherlands was the first EU country to re-enter a strict nationwide lockdown in response…
I’m not a fan of former US Secretary of Defense Donald Rumsfeld, the architect of the US invasion of Iraq. However he did say one memorable…
Rates as of 05:00 GMT Market Recap Boy what a day! Somehow the financial world managed to get through all those central bank meetings and data.…
Rates as of 05:00 GMT Market Recap The theme song of yesterday’s meeting of the Federal Open Market Committee (FOMC) was clear and simple: I want…
Rates as of 05:00 GMT Market Recap Calm before the storm? Not much movement in currency rates over the last 24 hours. I consider a movement…
Rates as of 05:00 GMT Market Recap Today we can demonstrate what the phrase “a sea of red” means when we look at Bloomberg page WEI…
Rates as of 05:00 GMT Market Recap Somewhat odd movements this morning. The general sense is “risk-on” after Friday’s dreaded US consumer price index (CPI) came…
The FX market usually isn’t that volatile this time of year. Companies are slowing down, finishing up for the year and getting ready for Christmas parties,…
Rates as of 05:00 GMT Market Recap Largely a reversal day – note how most currencies line up along the blue dotted line in the second…
Rates as of 05:00 GMT Market Recap The AUD rally continued (as did JPY retracement) as risk aversion wanes and the “risk-on” mood spread. The S&P…
