Rates as of 05:00 GMT Market Recap A confusing day! European stock markets were mixed, US stocks higher, and Asian stock markets mixed today too –…
Rates as of 05:00 GMT Market Recap A relatively quiet day in the FX market. The seemingly big move in NZD is only big in comparison…
Rates as of 05:00 GMT Market Recap Two big Reuters stories sent EUR higher. First, an article saying that the European Central Bank (ECB) was considering…
Rates as of 05:00 GMT Market Recap Risk appetite generally returned, pushing commodity currencies higher and the safe-haven CHF and USD lower. After trading through parity…
Rates as of 05:00 GMT Market Recap The US news on Friday was what’s called a “Goldilocks” scenario: not too hot, not too cold, but just…
Rates as of 05:00 GMT Market Recap Well, it’s bye-bye Boris! I had expected that his departure would cause some near-term uncertainty and thereby cause the…
Rates as of 05:00 GMT I just want to point out though that more than 40 senior UK officials resigned yesterday, following Chancellor of the Exchequer…
Rates as of 05:00 GMT Market Recap Dramatic moves in the FX market! JPY pairs saw 3-standard-deviation (SD) moves, with EUR/JPY moving 4 SDs. EUR/USD saw…
Rates as of 05:00 GMT Market Recap AUD was the best-performing currency ahead of this morning’s rate decision by the Reserve Bank of Australia (RBA). In…
Rates as of 05:00 GMT Market Recap NZD was the clear winner today but it’s hard to explain why. The currency was plunging on Friday morning…
