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…
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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…
Rates as of 04:00 GMT Market Recap Many people have wondered recently something along the lines of “how can the stock market be rallying while 30mn…
Rates as of 04:00 GMT Market Recap USD down! In today’s topsy-turvy world, this was apparently because of optimism about the global recovery, which boosts the…
Today ” fears of a second wave”, have sent markets lower with major profit-taking waves. Meanwhile, death rates seem to be increasing slightly as the re-opening…
As US markets continue to seesaw on hopes and fears over the direction that the coronavirus pandemic is taking. A peak, much less a curb seems…