Rates as of 05:00 GMT Market Recap Not much movement in currencies today. The biggest move was a reversal of NZD and AUD, as the second…
Rates as of 05:00 GMT Market Recap So…why after the Reserve Bank of Australia makes an almost inexplicable decision to keep its “low indefinitely” policy…
Rates as of 05:00 GMT Market Recap Expectations of central bank tightening continue to dominate the markets. EUR/USD moved higher yesterday after German inflation beat estimates,…
Rates as of 05:00 GMT Market Recap My usual rule is not to bother talking about currencies that move less than ±0.2% because that’s just “Brownian…
It’s clear that most central banks want to tighten policy nowadays. Not surprising, as inflation has proved less “transitory” than they expected a year ago. I’m…
Rates as of 06:00 GMT Market Recap If you look at the second graph you’ll see that several of the currencies lie on or near the…
Rates as of 06:00 GMT Market Recap Was the Fed dovish or hawkish? Opinions seem to be mixed. One pundit on Twitter said that the…
Rates as of 06:00 GMT Market Recap Stocks struggled yesterday. European stocks closed higher, but New York opened lower and only momentarily poked its nose above…
Rates as of 06:00 GMT Market Recap I’m sure those of you who own US equities – or any equities, for that matter – must have…
Rates as of 06:00 GMT Market Recap CHF and JPY were major gainers Friday as the US stock market continued to slide and “risk-off” mood dominated.…
