Rates as of 06:30 GMT Market Recap US Fed Chair Powell gave the markets a kick when he suggested the Fed is likely to hike 50…
Rates as of 05:00 GMT Market Recap Rarely have I seen one currency so dominate the day’s activity! Most currencies were little changed – the trade-weighted…
Rates as of 05:00 GMT Market Recap Conflicting signs. On the one hand, investors were encouraged about the US economy yesterday thanks to higher-than-expected US housing…
Rates as of 06:30 GMT Market Recap JPY keeps sinking (USD/JPY keeps moving higher)! Verbal intervention from Bank of Japan Gov. Kuroda and Japan Finance Minister…
Rates as of 06:30 GMT Market Recap Hard to pin a reason on movements when other markets are largely closed While trading in most government bonds…
Rates as of 06:00 GMT Market Recap Another day of “monetary policy divergence.” The European Central Bank (ECB) met yesterday and did exactly what was expected…
Rates as of 06:30 GMT Market Recap Interesting contrast! Tuesday the Reserve Bank of New Zealand (RBNZ) hiked by 50 bps instead of the 25 bps…
Rates as of 06:30 GMT Market Recap Well, I got it part of it right – the RBNZ did indeed raise the Official Cash Rate (OCR)…
Rates as of 06:00 GMT Market Recap EUR gapped higher at the opening Monday as it became clear that President Macron was ahead in the French…
Rates as of 05:00 GMT Market Recap It’s notable that the EUR fell yesterday despite an extremely hawkish set of minutes from the latest European Central…
