The surprise of the week just ending was the dog that didn’t bark – the muted reaction (no reaction, in fact) to the higher-than-expected US consumer…
Rates as of 05:00 GMT Market Recap Not much worth writing about in the FX market today! Very small movements except in AUD and NZD. It…
Rates as of 05:00 GMT Market Recap Well, as usual I’m right but unfortunately the market doesn’t agree. NZD continued to appreciate despite my coruscatingly brilliant…
Rates as of 05:00 GMT Market Recap A big surprise with regards to US inflation. I had been concerned that despite the assurance from the Fed…
Rates as of 05:00 GMT Market Recap After several days of decline, the beleaguered pound bounced back yesterday. It was the best-performing currency of the day.…
Rates as of 05:00 GMT Market Recap Only small changes in FX rates Friday & this morning. GBP continued what seems like its inexorable decline, the…
Rates as of 05:00 GMT Market Recap Another day, another leg lower for GBP. Selling sterling seems to be the market’s main occupation nowadays. Once again…
Rates as of 05:00 GMT Market Recap Oh dear…CAD was the best-performing currency yesterday, contrary to what some pundits – notably me – had expected. The…
Rates as of 05:00 GMT Market Recap Expectations of faster US growth causing higher US inflation and higher US interest rates pushed the dollar up and…
Rates as of 05:00 GMT Market Recap JPY weakness continued to be a focus of the market as USD/JPY hit the highest it’s been since March…
