When most people think of inflation, they think of the consumer price index (CPI). That’s not what the Fed uses to determine whether it’s meeting its…
Rates as of 05:00 GMT Market Recap Another momentum day: the changes Wednesday were pretty much in line with the changes Tuesday. I’m glad I made…
Rates as of 05:00 GMT Market Recap Just as Monday was a “mean reversion” day, Tuesday was a “momentum” day. Currencies tended to keep going the…
Rates as of 05:00 GMT Market Recap Yesterday is what I would call an almost perfect “Matthew Market” in FX. I’ve named it that after the…
Rates as of 05:00 GMT Market Recap The FX market is still spooked by the Fed’s change in tone. One of the key points is that…
Wednesday’s meeting of the rate-setting Federal Open Market Committee (FOMC) was a game-changer for the foreign exchange markets. Having been one of the most relaxed of…
Rates as of 05:00 GMT Market Recap Such a big difference between the market in the beginning of the week and the market at the end!…
Rates as of 05:00 GMT Market Recap There’s a saying, “He who lives by the crystal ball has to learn to eat glass.” I had a…
Rates as of 05:00 GMT Market Recap Another riveting day in the thrilling FX market. Given the volatility we’ve seen, one might be lulled into thinking…
Today the US Bureau of Labor Statistics (BLS) releases the producer price index (PPI). With the market’s attention focused firmly on the outlook for inflation, this…
