Rates as of 05:00 GMT Market Recap Financial markets were dominated by “risk-off” sentiment yesterday but without a clear catalyst. One can point to many factors.…
Rates as of 05:00 GMT Market Recap JPY is clearly the dominant story this morning. The currency plunged on news that Japan’s ruling coalition – 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 Looking at the second graph above, today seems to be largely a continuation of yesterday – most of the…
Rates as of 05:00 GMT Market Recap Currencies yesterday moved largely on interest rate changes. Sharp-eyed viewers may notice that CHF isn’t included in the above…
Rates as of 05:00 GMT Market Recap CAD was the big winner overnight and we don’t have to go far to find out why. It seems…
Rates as of 05:00 GMT Market Recap CAD was the big mover since Friday morning. It fell through 1.29 again as oil prices firmed. Of course,…
