Rates as of 05:00 GMT Market Recap Wow! What happened to GBP overnight? No idea. Neither Bloomberg nor Reuters nor anyone else I could find had…
Rates as of 05:00 GMT Market Recap Sometimes thin markets make for volatile trading as a few large orders hit a market without many participants to…
Rates as of 05:00 GMT Market Recap Expectations of faster US growth causing higher US inflation and higher US interest rates pushed the dollar up and…
Rates as of 05:00 GMT Market Recap JPY weakness continued to be a focus of the market as USD/JPY hit the highest it’s been since March…
Rates as of 05:00 GMT Market Recap Not much movement in the currencies since Friday morning. The standout feature, such as it is, is the further…
Rates as of 05:00 GMT Market Recap GBP was far and away the best-performing currency, as you can see from the chart. No clear trigger that…
Rates as of 05:00 GMT Market Recap Yesterday was “mean reversion day” as the market largely reversed Tuesday’s movements. JPY which had been the #1 gainer…
Rates as of 05:00 GMT Market Recap The two central bank meetings over the last 24 hours were not the main thing pushing the FX market.…
We had the Bank of Canada and the European Central Bank this week. Next week, we get three more major central banks: the Fed (Wednesday), the…
Rates as of 05:00 GMT Market Recap Hah! All the graphs I showed yesterday morning about the stock market went in the opposite direction Tuesday as…
