Rates as of 05:00 GMT Market Recap So…why after the Reserve Bank of Australia makes an almost inexplicable decision to keep its “low indefinitely” policy…
Rates as of 05:00 GMT Market Recap Expectations of central bank tightening continue to dominate the markets. EUR/USD moved higher yesterday after German inflation beat estimates,…
Rates as of 05:00 GMT Market Recap My usual rule is not to bother talking about currencies that move less than ±0.2% because that’s just “Brownian…
Rates as of 06:00 GMT Market Recap If you look at the second graph you’ll see that several of the currencies lie on or near the…
Rates as of 06:00 GMT Market Recap Was the Fed dovish or hawkish? Opinions seem to be mixed. One pundit on Twitter said that the…
Rates as of 06:00 GMT Market Recap Stocks struggled yesterday. European stocks closed higher, but New York opened lower and only momentarily poked its nose above…
Rates as of 06:00 GMT Market Recap I’m sure those of you who own US equities – or any equities, for that matter – must have…
Rates as of 06:00 GMT Market Recap CHF and JPY were major gainers Friday as the US stock market continued to slide and “risk-off” mood dominated.…
Investors are finally starting to realize that after years of zero interest rates, quantitative easing, and monetary policy convergence, it’s time to go back to normal.…
Rates as of 05:00 GMT Market Recap Same old same old today – fears of higher interest rates and “quantitative tightening” sent stock markets and the…
