Rates as of 05:00 GMT Market Recap Once again very quiet day all around, not just in FX. In the stock market, the S&P 500 closed…
Rates as of 05:00 GMT Market Recap Hibernating in June? The currency market was nearly frozen yesterday, with the trade-weighted indices all remaining within a ±0.1%…
Rates as of 05:00 GMT Market Recap Friday’s US nonfarm payrolls were good, but not as good as the market was expecting. The less-than-stellar 559k increase…
Rates as of 05:00 GMT Market Recap A day that broke the pattern – A few days ago I was looking at volatility, trying to see…
It’s yet another US nonfarm payrolls week. This indicator has always been the biggie of the month, but now with US inflation well above the Fed’s…
Rates as of 05:00 GMT Market Recap It wasn’t what Fed Chair Powell said, it was what he didn’t say that roiled the markets. He acknowledged…
Rates as of 04:00 GMT Market Recap We finally got the retracement in oil and CAD that I was expecting a few days ago, but with…
During my career, I’ve often felt like Sisyphus: the fellow in Greek mythology doomed to roll a boulder up a hill, only to find that inches…
Rates as of 04:00 GMT Market Recap Yesterday’’ US nonfarm payrolls (NFP) for June massively exceeded expectations, with the US adding 4.8m jobs vs 3.2mn exected.…
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…
