Rates as of 05:00 GMT Market Recap It all came down to Friday’s spectacular US nonfarm payrolls, which far exceeded expectations (see table above & commentary…
Rates as of 05:00 GMT Market Recap After two consecutive quarters of negative GDP in the US, commentators were quick to throw the R-word – “recession”…
Rates as of 05:00 GMT Market Recap Well, I feel vindicated! Several Fed officials echoed my views yesterday, largely reversing market sentiment. First off, former Fed…
Rates as of 05:00 GMT Market Recap It’s said in the market that USD/JPY “goes up by the stairs but down by the elevator shaft.” That’s…
Rates as of 05:00 GMT Market Recap JPY continues to strengthen! This is a catastrophe for me as my older daughter is still in university in…
Rates as of 05:00 GMT Market Recap The Fed’s rate decision yesterday – to hike by 75 bps – was in line with market expectations and…
1. Dollar Holds At Two Week High The USD pushed further higher after better-than-expected U.S. GDP data last week enhanced the greenback’s yield attraction against its…
About the US GDP The Gross Domestic Product quarterly report is released by the US Bureau of Economic Analysis shows the monetary value of all the…
