Rates as of 05:00 GMT Market Recap It all came down to Friday’s spectacular US nonfarm payrolls, which far exceeded expectations (see table above & commentary…
Rates as of 05:00 GMT Market Recap It’s said in the market that USD/JPY “goes up by the stairs but down by the elevator shaft.” That’s…
Rates as of 05:00 GMT Market Recap JPY continues to strengthen! This is a catastrophe for me as my older daughter is still in university in…
Rates as of 05:00 GMT Market Recap The Fed’s rate decision yesterday – to hike by 75 bps – was in line with market expectations and…
Rates as of 05:00 GMT Market Recap Neither the Bank of Japan nor the European Central Bank (ECB) meetings made major waves in the FX market.…
Rates as of 05:00 GMT Market Recap It’s said among us pundits that “he who lives by the crystal ball has to learn to eat glass.”…
Rates as of 05:00 GMT Market Recap Do I get to skip my comment today? My usual rule-of-thumb is not to talk about any currency with…
Rates as of 05:00 GMT Market Recap Risk-on, risk-off, risk-on, risk-off…the markets are like a cork bobbing on the waves of investor sentiment. Yesterday was a…
Rates as of 05:00 GMT Market Recap One of the big concerns in the markets recently has been that we might be reprising the 1970s “stagflation”…
Rates as of 05:00 GMT Market Recap Another odd day when the stock markets and the FX market contradicted each other. Maybe not though – maybe…
