Rates as of 05:00 GMT Market Recap Boy was I wrong about the Reserve Bank of New Zealand! Not necessarily about what they would decide, but…
Rates as of 05:00 GMT Market Recap A generally “risk-on” day as fears about inflation subside somewhat and investors calm down about potential Fed tightening, at…
This past weekend was the eighth anniversary of the famous 2013/14 “taper tantrum.” In light of the fact that last week’s minutes of the April meeting…
Rates as of 04:00 GMT Market Recap Is the European recovery already priced in? Most of Friday’s preliminary purchasing managers’ indices (PMIs) beat expectations handily, except…
There were three notable points in the market over the last week that bear discussion, so this week I’m going to address several issues. 1) The…
Rates as of 05:00 GMT Market Recap Markets – or investors, I should say – just can’t make up their minds. After a big “risk-off” day…
Rates as of 04:00 GMT Market Recap A generally “risk-off” day as European stocks fell sharply, and the crypto-currency market imploded. Bitcoin was down more than…
Rates as of 04:00 GMT Market Recap It was Europe day in the FX market yesterday. I’ve added NOK and SEK to the trade-weighted indices table…
Rates as of 05:00 GMT Market Recap It’s always surprised me that the market keeps reacting to the same news over and over again, as if…
Market Recap No market recap section today. Commitments of Traders (CoT) report Specs once again increased their short USD position. This week most of the action…
