It’s clear that most central banks want to tighten policy nowadays. Not surprising, as inflation has proved less “transitory” than they expected a year ago. I’m…
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?”…
So… the Fed finally tapered! OK, now what do we talk about? Now we start speculating about “lift-off” – the time when they start raising interest…
Rates as of 05:00 GMT Market Recap The two longest fences in the world are both in Australia: ● The Dingo Fence of south-east Australia, 5,614…
Rates as of 05:00 GMT Market Recap The first day of November…last January I posted my “New Year’s Resolutions” on my wall facing my desk to…
Rates as of 05:00 GMT Market Recap Neither the Bank of Japan nor the European Central Bank (ECB) meetings made major waves in the FX market.…
