PREVIOUS TRADING DAY EVENTS – 18 July 2023 Canada’s Consumer Price Index (CPI) monthly figure showed an increase of just 0.10%. Overall, it rose 2.8% year…
Rates as of 05:00 GMT Market Recap Wow! The dollar got absolutely CLOBBERED! Moreover, it’s hard to attribute the move – pin the blame? – on…
Rates as of 05:00 GMT Market Recap Another day of relatively modest movements in the FX market. The focus is clearly on the stock markets, which…
Rates as of 05:00 GMT Market Recap Not much worth writing about in the FX market today! Very small movements except in AUD and NZD. It…
Rates as of 05:00 GMT Market Recap Well, as usual I’m right but unfortunately the market doesn’t agree. NZD continued to appreciate despite my coruscatingly brilliant…
Rates as of 05:00 GMT Market Recap A big surprise with regards to US inflation. I had been concerned that despite the assurance from the Fed…
Rates as of 05:00 GMT Market Recap After several days of decline, the beleaguered pound bounced back yesterday. It was the best-performing currency of the day.…
Rates as of 05:00 GMT Market Recap Only small changes in FX rates Friday & this morning. GBP continued what seems like its inexorable decline, the…
Rates as of 05:00 GMT Market Recap Another day, another leg lower for GBP. Selling sterling seems to be the market’s main occupation nowadays. Once again…
Rates as of 05:00 GMT Market Recap Wow! What happened to GBP overnight? No idea. Neither Bloomberg nor Reuters nor anyone else I could find had…
