Rates as of 05:00 GMT Market Recap It all came down to Friday’s spectacular US nonfarm payrolls, which far exceeded expectations (see table above & commentary…
Rates as of 05:00 GMT Market Recap JPY continues to strengthen! This is a catastrophe for me as my older daughter is still in university in…
Rates as of 05:00 GMT Market Recap The Fed’s rate decision yesterday – to hike by 75 bps – was in line with market expectations and…
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…
Rates as of 05:00 GMT Market Recap Looking at the second graph above, today seems to be largely a continuation of yesterday – most of the…
