If the current decline in stock markets continues, the JPY will enjoy increased demand as a safe-haven currency. Major bourses have slid into negative territory this…
Rates as of 04:30 GMT Market Recap As I said a few days ago, it’s either “Day A” or “Day B” nowadays. “Day A” is “risk-on,”…
Market Recap Yesterday was “Day A,” a risk-on day. Today is “Day B,” a risk-off day as stocks in Asia turn lower. JPY and CHF are top, AUD…
The week now ending had several memorable events: life outside the EU began for Britain, Trump escaped being tossed out of office, there were a number…
As the coronavirus continues to wreak havoc, a major decline in stocks markets could also push the DAX much lower and we’d like to sell below…
Rates as of 06:00 GMT Market Recap More of the same – “risk off” moves sending the safe-haven JPY and CHF higher and the growth-sensitive commodity…
The EUR/CAD weekly chart suggests a further selloff here. Below the strategic support at 1.4455 the market could gain further momentum to the downside and accelerate…
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…
The week just ending saw three central bank meetings: the Bank of Japan, the Bank of Canada and the European Central Bank. What was noticeable about…
Rates as of 05:30 GMT Market Recap The China coronovirus story seems to be dominating the FX market. So far 440 confirmed cases and nine deaths.…
