Rates as of 05:00 GMT Market Recap I’ve been pretty optimistic about the “soft landing” hypothesis, thanks to the many signs of strength in the US…
Rates as of 05:00 GMT Market Recap I have to admit, as an American citizen, I’m more interested in what went on in the US overnight…
Rates as of 05:00 GMT Market Recap What a shocker! The year-on-year rate of growth in the US consumer price index (CPI) was expected to slow…
Rates as of 05:00 GMT Market Recap Why was CHF the best-performing currency, followed by the commodity currencies? Usually CHF does well in risk-off periods while…
Rates as of 05:00 GMT Market Recap JPY is clearly the dominant story this morning. The currency plunged on news that Japan’s ruling coalition – the…
Rates as of 05:00 GMT Market Recap Well, it’s bye-bye Boris! I had expected that his departure would cause some near-term uncertainty and thereby cause the…
Rates as of 05:00 GMT I just want to point out though that more than 40 senior UK officials resigned yesterday, following Chancellor of the Exchequer…
Rates as of 05:00 GMT Market Recap Dramatic moves in the FX market! JPY pairs saw 3-standard-deviation (SD) moves, with EUR/JPY moving 4 SDs. EUR/USD saw…
Rates as of 05:00 GMT Market Recap AUD was the best-performing currency ahead of this morning’s rate decision by the Reserve Bank of Australia (RBA). In…
Rates as of 05:00 GMT Market Recap NZD was the clear winner today but it’s hard to explain why. The currency was plunging on Friday morning…
