We are getting some positive news from the UK, where seemingly the easing of the lockdown is causing people to increase their spending. While this might…
Rates as of 04:00 GMT Market Recap Risk on day today! Nowadays I start my day not by looking at the FX rates but rather by…
Rates as of 04:00 GMT Market Recap Collapse of the pound! GBP was the outstanding mover yesterday after Bank of England Gov. Bailey said that the…
Rates as of 04:00 GMT Market Recap The market had a more “risk on” tone this morning as both WTI and Brent traded over $30/bbl. Signs…
As a follow up on our open EUR/NOK trade we like to emphasize that the market is headed lower confirming our projections. We sold the pair…
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…
Since 2017 the market has traded in a range where we currently can observe the upper band can be reached as resistance. Without breaking the current…
Rates as of 04:00 GMT Market Recap A notably strong rally in the commodity currencies as the rally spread out of the energy complex into a…
Rates as of 04:00 GMT Market Recap Asia is largely following along from New York’s “risk off” mood this morning, although both China and Japan are…
Rates as of 04:00 GMT Market Recap Commodity currencies once again led the way in a “risk on” market driven by sentiment about the virus. Investors…
