Rates as of 04:00 GMT Market Recap It’s hard to say whether there was a “risk-on” or “risk-off” market Friday. Rising US-China tension as Trump ordered…
Rates as of 04:00 GMT Market Recap We finally got the retracement in oil and CAD that I was expecting a few days ago, but with…
Rates as of 04:00 GMT Market Recap Increasing tensions with China over TikTok, a rising virus count, downward revision in long-term credit outlook (from “stable” to…
As gold breaks through the $2,000 level and hits a record high, many traders are asking: has gold gone too far? The answer is that of…
Market Recap The dollar, as measured by the DXY index, fell to its lowest level since May 2018 on a slew of bad US news. Some…
Rates as of 04:00 GMT Market Recap A mixed day for risk in the stock markets, with the S&P 500 up but NASDAQ down and stocks…
Rates as of 04:00 GMT Market Recap More optimism on a virus vaccine kept the “risk-on” mood going yesterday. After the encouraging news Tuesday about Moderna’s…
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,…
As anticipated, the EUR/USD lost steam this week as the dollar recovered and amid increased stimulus by European Central Bank President in its effort to combat…
Rates as of 04:00 GMT Market Recap It was generally a “risk-on” mood in FX yesterday even though US stocks struggled and closed lower. EUR led…
