Rates as of 04:00 GMT Market Recap Yesterday was a big “risk-off” day during the European trading day, but by the time New York closed, sentiment…
Rates as of 04:00 GMT Market Recap GBP was the star yesterday ahead of UK Chancellor of the Exchequer Rishi Sunak’s Summer Fiscal Statement, or whatever…
Rates as of 04:00 GMT Market Recap I’ve rarely seen such a narrow trading range on a day. The major trade-weighted indices were all within a…
Rates as of 04:00 GMT Market Recap It was a “risk-on” mood yesterday as an astonishing turnaround in US pending home sales (-21.8% mom in April,…
Rates as of 04:00 GMT Market Recap A fairly clear “risk-off” day in the FX market: JPY and CHF the #1 and #2, CAD, AUD and…
Rates as of 04:00 GMT Market Recap I’ve rarely seen such an astonishing turnaround in market sentiment – from “buy anything” to “sell everything” in just…
Rates as of 04:00 GMT Market Recap No clear message from the markets today. In the US, it was “risk on” as the S&P 500 regained…
Rates as of 04:00 GMT Market Recap Stocks soar! S&P 500 up 3.2%, all Asian markets (even India!) up this morning after drugmaker Moderna said the…
A weaker USD is leading to further pressure on the JPY which is currently breaking the support area. USDJPY was a great sell entry at 107.05…
Rates as of 04:00 GMT Market Recap The US stock market opened with euphoria yesterday on reports that the number of new virus cases in various…
