Rates as of 04:00 GMT Market Recap Volatility is back! US stocks were down sharply, with the NASDAQ off 4.1% and S&P 500 down 2.8%. All…
Rates as of 04:00 GMT Market Recap With the US and Canada on holiday, activity was slow and most currencies little changed. There was forex trading…
FX: Commitments of Traders (CoT) report Speculators reduced their record-long EUR positions during the latest week, both in absolute terms and as a percent of open…
Rates as of 04:00 GMT Market Recap The S&P 500 opened slightly higher on Friday but couldn’t hold and by midmorning was down 3%. However it…
Rates as of 04:00 GMT Market Recap Yesterday morning I said markets had gone up for no discernable reason on Wednesday. They fell for the same…
Rates as of 04:00 GMT Market Recap It’s quite unusual nowadays to run my spreadsheet with the rates on it in the morning and find USD…
The monthly update of the shadow policy rates (see explanation at bottom) shows that there’s been little change in most of them over the month of…
Rates as of 04:00 GMT Market Recap USD was looking weak when I wrote yesterday morning and it remained weak for most of the European day,…
Rates as of 04:00 GMT Market Recap The last day of the month was dominated by…month-end flows, naturally. This happens regularly as clockwork, and nearly as…
FX: Commitments of Traders (CoT) report Speculators hit a record-long position in EUR this week. The position is not only long in terms of number of…
