This last week we got more data that shows how Japan is lagging the recovery in the rest of the world. The Tokyo consumer price index…
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Rates as of 05:00 GMT Market Recap I’ve found this new graph to be useful in understanding what went on overnight. Today for example we can…
Rates as of 05:00 GMT Market Recap Another momentum day: the changes Wednesday were pretty much in line with the changes Tuesday. I’m glad I made…
Rates as of 05:00 GMT Market Recap Just as Monday was a “mean reversion” day, Tuesday was a “momentum” day. Currencies tended to keep going the…
Rates as of 05:00 GMT Market Recap Yesterday is what I would call an almost perfect “Matthew Market” in FX. I’ve named it that after the…
Rates as of 05:00 GMT Market Recap The FX market is still spooked by the Fed’s change in tone. One of the key points is that…
Wednesday’s meeting of the rate-setting Federal Open Market Committee (FOMC) was a game-changer for the foreign exchange markets. Having been one of the most relaxed of…
Rates as of 05:00 GMT Market Recap Such a big difference between the market in the beginning of the week and the market at the end!…
Rates as of 05:00 GMT Market Recap There’s a saying, “He who lives by the crystal ball has to learn to eat glass.” I had a…
Rates as of 05:00 GMT Market Recap Another riveting day in the thrilling FX market. Given the volatility we’ve seen, one might be lulled into thinking…