Rates as of 05:00 GMT Market Recap The standout feature this morning is the plunge in NZD. This occurred because of one COVID-19 case “in the…
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Rates as of 05:00 GMT Market Recap Normally I try to avoid discussing the previous day’s economic indicators, because that’s by definition yesterday’s news and I…
Rates as of 05:00 GMT Market Recap Not that much action in FX overnight. While the Euro STOXX 600, S&P 500, and NASDAQ all hit record…
Rates as of 05:00 GMT Market Recap Interesting move today when USD is on top and JPY and CHF are at the bottom. Is USD no…
Rates as of 05:00 GMT Market Recap Monday it was AUD, Tuesday it was NZD’s turn to dominate the market. The markets were already in the…
Rates as of 05:00 GMT Market Recap Sometimes a miss isn’t a miss. Yesterday’s US GDP figure missed estimates by a lot — +6.5% qoq SAAR…
Rates as of 05:00 GMT Market Recap Ah yes…as I said in my weekly, while I’m pretty sure of the kind of statement we’re going to…
Rates as of 05:00 GMT Market Recap A big “risk-off” day as the tech bubble in China deflates. The NASDAQ index hit a record high on…
Rates as of 05:00 GMT Market Recap While stock markets continued to plow into record territory (well, the S&P 500 did; the Euro STOXX 600, which…
Rates as of 05:00 GMT Market Recap Not much to discuss in the FX market today – movements were generally small. That’s surprising as there was…