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 AUD and NZD were the biggest winners since Friday morning. I doubt if this had anything to do with…
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…
