Rates as of 05:00 GMT Market Recap Better-than-expected US retail sales figures encouraged an optimistic view of the US economy, sending US stocks further into record…
Rates as of 05:00 GMT Market Recap It was a good day for USD and a bad day for EUR (or a good day I suppose,…
Rates as of 05:00 GMT Market Recap Generally a “risk-on” day, with all three commodity currencies gaining and USD losing ground. AUD was the main winner.…
Rates as of 05:00 GMT Market Recap It was a relatively quiet day yesterday with several markets closed for Veteran’s Day. The only two currencies that…
Rates as of 05:00 GMT Market Recap Yesterday I included a graph of the Citi inflation surprise indices and pointed out that inflation had surprised on…
Rates as of 05:00 GMT Market Recap Rarely have I seen a day when two currencies stood out like this. Looking at the timing of the…
Rates as of 05:00 GMT Market Recap I have to say I’m astonished at today’s outperformance of GBP. I can only assume it’s simply some profit-taking…
Rates as of 05:00 GMT Market Recap Yesterday was generally a “risk-off” day, for two reasons. One, the virus situation continues to worsen, as we’ve noted…
Rates as of 05:00 GMT Market Recap Happy Bastille Day! I was a History major in college. The most difficult course I took was French Revolution.…
Rates as of 05:00 GMT Market Recap While fear of inflation has been driving markets recently, things went into reverse yesterday despite yet another surprisingly strong…
