Rates as of 05:00 GMT Market Recap Yesterday morning I suggested that after its big fall Tuesday, NZD/JPY might rebound on Wednesday. Boy did it ever!…
Rates as of 05:00 GMT Market Recap The main action yesterday was in stocks, which evidently didn’t like the idea of higher interest rates. Speaking at…
Rates as of 05:00 GMT Having failed to find suitable trade-weighted indices, I’m experimenting with making my own, using the weights supplied by Citibank. Please bear…
There’s a lot on the schedule next week: the Reserve Bank of Australia and the Bank of England meet, plus it’s a US nonfarm payroll week.…
Rates as of 05:00 GMT I’m now using the Citi nominal trade-weighted indices, which “measure currency performance against a basket of trading partners’ currencies with export,…
Rates as of 05:00 GMT Market Recap A day with big events planned resulted in only small moves in the US stock and bond markets as…
Rates as of 05:00 GMT Note: The USD and CAD indices are not updating. Market Recap (Note: I’m having problems gauging exactly what’s happening in the…
Rates as of 05:00 GMT Note: The CAD index is not updating. Market Recap The Bank of Japan (BoJ) meeting went quite as expected. Policy remains…
Rates as of 05:00 GMT Market Recap Better-than-expected preliminary purchasing managers’ indices (PMIs) on Friday drove a “risk-on” mood…
The week ahead is filled with two major central bank meetings, a speech by President Biden, and a lot of important data. The result should be,…
