We’re seeing much the same approach to monetary policy around the world. The Reserve Bank of New Zealand (RBNZ), which has been threatening to go “full…
Rates as of 04:00 GMT Market Recap It was a “risk-on” mood yesterday as an astonishing turnaround in US pending home sales (-21.8% mom in April,…
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…
1. The USD/CAD Could Explode in Either Direction, All Eyes on BoC and Powell The dollar climbed higher this morning on expectations of a less dovish…
1. Dollar Subdued After Wall Street Records Second Best Day of the Year The dollar hovered near a 7-week low on a Fed rate cut prospect,…
