Rates as of 05:00 GMT Market Recap A big reversal day for the commodity currencies & GBP. Alas a terrible day for CAD, which I thought…
Rates as of 05:00 GMT Market Recap It was a “risk-on” day in Europe yesterday as most European stock markets gained. The upward revision to the…
Rates as of 05:00 GMT Market Recap Friday’s US nonfarm payrolls was a “Goldilocks report”, neither too hot nor too cold. The headline figure was better…
With apologies to Tom Cruise, who starred in the famous anti-Vietnam War movie of almost the same name. There’s little excitement next week. Monday is a…
Rates as of 05:00 GMT Market Recap A generally “risk-on” day as US economic data showed the recovery continuing. Jobless claims came in better than expected,…
Rates as of 05:00 GMT It’s the first of July. This year I actually wrote down my New Year’s resolutions and taped them on the wall…
Rates as of 05:00 GMT Market Recap I find that graph of today’s change vs yesterday’s change immensely helpful in figuring out what’s going on…
Rates as of 05:00 GMT Market Recap Once again JPY moved higher even though wise & sagacious analysts with years of experience and profound insight into…
Rates as of 05:00 GMT Market Recap Not much happening in the FX market! GBP’s bad performance is being blamed on the rising virus count. It…
This last week we got more data that shows how Japan is lagging the recovery in the rest of the world. The Tokyo consumer price index…
