Rates as of 04:00 GMT Market Recap Risk on day today! Nowadays I start my day not by looking at the FX rates but rather by…
Tensions in Asia are mounted this morning with Beijing announcing that they will impose further security around the Hong Kong city-state. Stock markets headed lower over…
XAU/EUR could head lower. After having noted a pin bar pattern at its resistance area, the market might favour a stronger EUR now. Meanwhile, on a…
Rates as of 04:00 GMT Market Recap A “risk on” mood dominates this morning even though Wall Street closed lower yesterday in anticipation of a weak…
Rates as of 05:00 GMT Market Recap Another day, another disaster. The Dow Jones Industrial Average fell 12.93% yesterday. Just to put things in perspective, the…
Rates as of 05:00 GMT Market Recap Another big “risk off” day with the screens a sea of red. US stocks were down 3.4% and every…
Rates as of 05:00 GMT Market Recap Another sea of red when I call up the Bloomberg page of stock market indices, although oddly enough once…
Rates as of 04:30 GMT Market Recap As I said a few days ago, it’s either “Day A” or “Day B” nowadays. “Day A” is “risk-on,”…
The week now ending had several memorable events: life outside the EU began for Britain, Trump escaped being tossed out of office, there were a number…
Gold is slowly rising despite a stronger USD as global bourses seem to have reached a peak and the only way from here is down. XAU/USD…
