Rates as of 06:00 GMT Market Recap Interesting market! The dollar is down despite a more hawkish-than-expected result from the rate-setting Federal Open Market Committee (FOMC).…
Rates as of 06:00 GMT Market Recap I’ve been doing this job for a long time but still there are days when things confuse me. Today…
Rates as of 07:00 GMT Market Recap CAD was the big stand-out today and for obvious reasons, as shown by the usual graph of USD/CAD vs…
Rates as of 05:00 GMT Market Recap Not what I would’ve expected! Yesterday’s preliminary purchasing managers’ indices (PMIs) for the major industrial countries were disappointing across…
Rates as of 05:00 GMT Market Recap For all the waiting and wondering about what the European Central Bank (ECB) might do, it doesn’t seem to…
Rates as of 05:00 GMT Market Recap Not that much action in FX overnight. While the Euro STOXX 600, S&P 500, and NASDAQ all hit record…
Rates as of 05:00 GMT Market Recap There’s a saying in Japanese, “A woman’s heart is as changeable as the autumn sky.” Putting aside the obvious…
Rates as of 05:00 GMT Market Recap Another day of relatively modest movements in the FX market. The focus is clearly on the stock markets, which…
Rates as of 05:00 GMT Market Recap Not much worth writing about in the FX market today! Very small movements except in AUD and NZD. It…
Rates as of 05:00 GMT Market Recap Well, as usual I’m right but unfortunately the market doesn’t agree. NZD continued to appreciate despite my coruscatingly brilliant…
