Rates as of 05:00 GMT Market Recap A generally “risk-on” day as US economic data showed the recovery continuing. Jobless claims came in better than expected,…
Rates as of 05:00 GMT It’s the first of July. This year I actually wrote down my New Year’s resolutions and taped them on the wall…
Rates as of 05:00 GMT Market Recap I find that graph of today’s change vs yesterday’s change immensely helpful in figuring out what’s going on…
Rates as of 05:00 GMT Market Recap Once again JPY moved higher even though wise & sagacious analysts with years of experience and profound insight into…
Rates as of 05:00 GMT Market Recap Not much happening in the FX market! GBP’s bad performance is being blamed on the rising virus count. It…
This last week we got more data that shows how Japan is lagging the recovery in the rest of the world. The Tokyo consumer price index…
Rates as of 05:00 GMT Market Recap I’ve found this new graph to be useful in understanding what went on overnight. Today for example we can…
When most people think of inflation, they think of the consumer price index (CPI). That’s not what the Fed uses to determine whether it’s meeting its…
Rates as of 05:00 GMT Market Recap Another momentum day: the changes Wednesday were pretty much in line with the changes Tuesday. I’m glad I made…
Rates as of 05:00 GMT Market Recap Just as Monday was a “mean reversion” day, Tuesday was a “momentum” day. Currencies tended to keep going the…
