Rates as of 05:00 GMT Market Recap Softening global growth expectations and rising virus cases turned into a bad day for commodities. China has instituted border…
Rates as of 05:00 GMT Market Recap Not much movement in the currencies since Friday morning. The standout feature, such as it is, is the further…
Rates as of 05:00 GMT Market Recap Yesterday was “mean reversion day” as the market largely reversed Tuesday’s movements. JPY which had been the #1 gainer…
Rates as of 05:00 GMT Market Recap Rather modest movements in the currency market since Friday morning. The biggest move was in the Turkish lira (TRY),…
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…
Switzerland: a not-very-effective “currency manipulator” The US Treasury Department Wednesday labeled Switzerland and Vietnam as “currency manipulators” in its quarterly report on Macroeconomic and Foreign Exchange…
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…
I had hoped that this week I’d be able to discuss the new Brexit agreement. Alas, the deadline once again got put off, this time till…
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…
The title of my last weekly outlook was “Is the worst over?” This was referred to the economy, which was showing the proverbial “green shoots,” in…
