Rates as of 05:00 GMT Market Recap US gained against all the majors as Friday’s better-than-expected US nonfarm payrolls boosted expectations of Fed tightening. The headline…
The seemingly inexorable decline in global bond yields continued over the last week. US yields are retesting the recent lows set back in July. In Germany,…
Rates as of 05:00 GMT Market Recap Markets were in risk aversion mode Friday as tech led the retreat in stocks against a backdrop of outlook…
Rates as of 05:00 GMT Market Recap Wow! The dollar got absolutely CLOBBERED! Moreover, it’s hard to attribute the move – pin the blame? – on…
Rates as of 05:00 GMT Market Recap Another day of relatively modest movements in the FX market. The focus is clearly on the stock markets, which…
Rates as of 05:00 GMT Market Recap Not much worth writing about in the FX market today! Very small movements except in AUD and NZD. It…
Rates as of 05:00 GMT Market Recap Well, as usual I’m right but unfortunately the market doesn’t agree. NZD continued to appreciate despite my coruscatingly brilliant…
Rates as of 05:00 GMT Market Recap A big surprise with regards to US inflation. I had been concerned that despite the assurance from the Fed…
Rates as of 05:00 GMT Market Recap After several days of decline, the beleaguered pound bounced back yesterday. It was the best-performing currency of the day.…
Rates as of 05:00 GMT Market Recap Only small changes in FX rates Friday & this morning. GBP continued what seems like its inexorable decline, the…
