Rates as of 05:00 GMT Market Recap I learned in high school geometry class that you need two points to draw a line. Markets often try…
Rates as of 05:00 GMT Market Recap Tuesday’s market action was in part just a reversal of Monday’s. The safe-haven currencies that gained on Monday (USD,…
Rates as of 05:00 GMT Market Recap I’ve been pretty optimistic about the “soft landing” hypothesis, thanks to the many signs of strength in the US…
Rates as of 05:00 GMT Market Recap I have to admit, as an American citizen, I’m more interested in what went on in the US overnight…
Rates as of 05:00 GMT Market Recap What a shocker! The year-on-year rate of growth in the US consumer price index (CPI) was expected to slow…
I’m not a fan of former US Secretary of Defense Donald Rumsfeld, the architect of the US invasion of Iraq. However he did say one memorable…
The FX market usually isn’t that volatile this time of year. Companies are slowing down, finishing up for the year and getting ready for Christmas parties,…
We should’ve known something was up from the speeches made on Nov. 22nd when President Biden reappointed Fed Chair Powell and appointed Gov. Brainard as Vice…
We’ve heard a lot about inflation. Next Thursday is Thanksgiving Day in the US, the biggest national holiday, when much of the country gathers together and…
Inflation is the topic that just keeps on giving. It used to be that every Thursday I’d start panicking. “What should I write about this week?”…
