Rates as of 04:00 GMT Market Recap GBP was the best-performing currency. EUR/GBP broke through 0.90 and both hedge funds and real-money investors were buying. Why?…
Rates as of 04:00 GMT Market Recap The FX market isn’t giving a clear “risk-on” or “risk-off” signal this morning, probably because the stock markets aren’t,…
We are getting some positive news from the UK, where seemingly the easing of the lockdown is causing people to increase their spending. While this might…
Rates as of 04:00 GMT Market Recap In general it’s a “risk-off” day today. Stocks closed down 0.8% on Wall Street and all Asian markets are…
Rates as of 04:00 GMT Market Recap Stocks soar! S&P 500 up 3.2%, all Asian markets (even India!) up this morning after drugmaker Moderna said the…
Looking at the economic indicators nowadays is like watching a horror movie: As the heroine goes into the house where the killer is waiting, she’s smiling,…
Rates as of 05:00 GMT Market Recap Given the overwhelming impact of the COVID-19 virus on the markets nowadays, we usually have either straight “risk on”…
Rates as of 07:00 GMT Market Recap An Apple fell and hit the markets on the head! Apple Inc. warned about disruptions to both production and…
This week there’s a lot to talk about: a (not particularly eventful) FOMC meeting, a surprising dovish/hawkish Bank of England meeting, and the worsening coronavirus crisis,…
The sterling is not fairing well this morning with statements from EU chief negotiator Michel Barnier who warned the U.K. on Monday that the bloc will…
