Rates as of 04:00 GMT Market Recap I should’ve remembered the motto of the investment industry: “past performance is no guarantee of future performance.” The kind…
Rates as of 04:00 GMT Market Recap With the US and Canada on holiday, activity was slow and most currencies little changed. There was forex trading…
Two weeks ago, we were all waiting to hear what Fed Chair Jay Powell would say about the US central bank’s rethink of its monetary policy…
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…
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 USD was looking weak when I wrote yesterday morning and it remained weak for most of the European day,…
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…
FX: Commitments of Traders (CoT) report Speculators hit a record-long position in EUR this week. The position is not only long in terms of number of…
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 Rarely have I seen anything that was so important for the markets and so highly anticipated, yet at the…
