Note: The table above is updated before publication with the latest consensus forecasts. However, the text & charts are prepared ahead of time. Therefore there can…
Note: The table above is updated before publication with the latest consensus forecasts. However, the text & charts are prepared ahead of time. Therefore there can…
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 Biden/Harris debate: I didn’t see the debate, but looking through my Twitter feed, two points stand out: 1) A fly sat…
Rates as of 04:00 GMT Market Recap A “risk-off” wave emanating from stock markets swept the FX market yesterday. Although the Asian day started fairly solid…
Rates as of 04:00 GMT Market Recap GBP was the best-performing currency. EUR/GBP broke through 0.90 and both hedge funds and real-money investors were buying. Why?…
Rates as of 04:00 GMT Market Recap After an unusually volatile day we get an unusually quiet day, with only NZD showing any major move –…
Rates as of 04:00 GMT Market Recap We’re back to China trade as a main mover today. First White House trade adviser Navarro said something about…
I’ve been writing FX comments for…well, I don’t want to say how long. Let’s just say that when I first started in this business, I used…
Trade disputes, Brexit, US poitics…it’s all disappeared. The market is now dominated by the novel coronavirus COVID-19 and its potential impact on the Chinese economy in…
