Rates as of 04:00 GMT An astonishing disconnect between economic statistics and the markets – Wall Street closes up 1.7% on the day that the absolute…
Rates as of 04:00 GMT Market Recap A “risk off” day in New York, with stocks trading lower. Tokyo and Sydney are lower this morning too.…
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…
I’ve often complained that the markets nowadays are too simple. There used to be a lot more currencies and a lot more idiosyncratic stories behind each…
Rates as of 04:00 GMT Market Recap No need for an April Fool’s joke this year – it feels like my whole life is an April…
Rates as of 05:45 GMT Market Recap It’s the Emperor’s Birthday today! お誕生日おめでとうございます, Your Majesty! It’s a quintessential “risk off” day today, with gold up an…
Rates as of 05:00 GMT Market Recap Fascinating market move today: JPY and AUD trade-weighted indices are down by the same percentage. It isn’t so rare…
Having failed to push higher the USD seems to be losing steam. Yesterday, the US Federal Reserve left rates unchanged as widely expected, claiming that the…
Rates as of 06:00 GMT Market Recap The week is starting out with a classic “risk off” move as the unknown and unmeasurable threat of the…
Market Recap Interesting move today – both JPY and AUD lost about the same ground vs USD. This suggests that the “risk-on, risk-off” pattern is fading. Perhaps we’re seeing a…
