Rates as of 05:00 GMT Market Recap Another day, another disaster. The Dow Jones Industrial Average fell 12.93% yesterday. Just to put things in perspective, the…
Rates as of 05:00 GMT Market Recap Rod Stewart said “Every picture tells a story, don’t it.” Today’s story, shown in the picture below, is the…
Rates as of 05:00 GMT Market Recap The Bank of Canada (BoC) cut its policy rate by 50 bps and left the door open for further…
The CAD rallied yesterday but is currently struggling on profit-taking despite upbeat comments by Bank of Canada’s chief Poloz. However, the coronavirus situation could present some…
Rates as of 05:00 GMT Market Recap Risk off, risk on – today was risk on. I searched in vain for any particular reason though. It…
Rates as of 05:00 GMT Market Recap The “Brexit honeymoon” period didn’t last long! The first full working day after Brexit and the market finally realized…
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…
1. Markets Dip As Christmas Draws Nearer EU bourses edged lower on Monday after nearing a record high in the previous session, as trading volumes thinned…
1. Forex Preview: GBP Plunges on Weak Data GBP saw some key releases this morning with the U.K. GDP and industrial and manufacturing output and goods…
1. Brexit Talks Wane, GBP Tumbles The pound wallowed near a one-month low on deepening uncertainty over Brexit. Britain is apparently giving up its efforts to…
