Rates as of 05:00 GMT Market Recap After days of some volatility, FX rates were little changed overnight. I’m astonished to see oil up and CAD…
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Rates as of 05:00 GMT Market Recap FX market moves today look like a typical “risk-off” basket move, with JPY up and the three commodity currencies…
Rates as of 05:00 GMT Market Recap As on Friday it all comes down to the Omicron variant of the virus. What we learned over the…
Rates as of 05:00 GMT Market Recap As one economist quoted in the paper said, “It is fair to say that we didn’t see that coming.”…
Rates as of 05:00 GMT Market Recap Not much action in currencies overnight but a lot in oil. Oil prices rose after US President Biden announced…
Rates as of 05:00 GMT Market Recap Financial markets were shaken on Friday by two things. One, three voting members of the rate-setting Federal Open Market…
Rates as of 05:00 GMT Market Recap A fairly quiet day in the currency market, with only EUR and JPY showing movements worth talking about. EUR…
Rates as of 05:00 GMT Market Recap It’s easy to understand why GBP did well yesterday. UK inflation is soaring – up 4.2% yoy from 3.1%…
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…
The coming week is relatively light on economic data, as is usual for the second week of the month. That doesn’t mean it’s devoid of excitement…