We’ve had a dramatic week with lots of volatility. That’s one aspect of the summer doldrums: the absence of participants can either lead to a dull…
Rates as of 04:00 GMT Market Recap It was a “risk-on” day as the Trump regime reached a deal with Moderna to buy 100m doses of…
GBP/AUD traded lower during the Asian session yesterday, after hitting resistance near Monday’s high of 1.8290. That said, the slide bottomed out near the 1.7725 level,…
Commitments of Traders (CoT) report Speculators just keep getting more and more long EUR and short USD. Most of the change last week was through an…
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…
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 generally “risk-off” day yesterday with some recent trends reversed. GBP was the best-performing G10 currency, breaking through 1.2900.…
Rates as of 04:00 GMT Market Recap Trump’s sudden decision to order China’s consulate in Houston to close – and headlines suggesting Beijing was considering shutting…
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 The EU Summit scheduled for Friday and Saturday is still going on! Talks continued on Saturday and Sunday and…
