Rates as of 05:00 GMT Market Recap Sometimes thin markets make for volatile trading as a few large orders hit a market without many participants to…
Rates as of 05:00 GMT Market Recap It’s hard to classify today’s moves as “risk-on” or “risk-off” or “risky” or whatever. The growth-sensitive AUD was the…
Rates as of 05:00 GMT Market Recap Expectations of faster US growth causing higher US inflation and higher US interest rates pushed the dollar up and…
Rates as of 05:00 GMT Market Recap JPY weakness continued to be a focus of the market as USD/JPY hit the highest it’s been since March…
Rates as of 05:00 GMT Market Recap Not much movement in the currencies since Friday morning. The standout feature, such as it is, is the further…
Rates as of 05:00 GMT Market Recap GBP was far and away the best-performing currency, as you can see from the chart. No clear trigger that…
Rates as of 05:00 GMT Market Recap Yesterday was “mean reversion day” as the market largely reversed Tuesday’s movements. JPY which had been the #1 gainer…
Rates as of 05:00 GMT Market Recap The two central bank meetings over the last 24 hours were not the main thing pushing the FX market.…
I expect the meeting of the rate-setting Federal Open Market Committee (FOMC) to be pretty routine. I don’t expect much if any change in the statement…
Rates as of 05:00 GMT Market Recap Not much going on in the FX market this morning – overall changes are quite limited. There are only…
