Browsing: fxnews
![“Risk-off” Mood as South African Virus variant roils Market; Quiet day ahead](https://blog.bdswiss.com/wp-content/uploads/2020/10/COVID19_1673968429-312x198.jpg)
Rates as of 05:00 GMT Market Recap We’ve been watching with trepidation the increase in virus cases in Europe. Now comes something else to worry about.…
![USD Up on Jobless Claims, PCE, CAD Up With Oil; light schedule today](https://blog.bdswiss.com/wp-content/uploads/2021/10/Unemployed-Jobless-People-Crisis-5-312x198.jpg)
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.”…
![Oil Falls After SPR Release Disappoints; US PCE Deflators, Jobless Claims](https://blog.bdswiss.com/wp-content/uploads/2021/10/Oil-Related-4-312x198.jpg)
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…
![USD up as Powell is Reappointed, NZD Down; Preliminary PMIs, RBNZ meeting](https://blog.bdswiss.com/wp-content/uploads/2021/10/Fed-Chair-Powell-2-312x198.jpeg)
Rates as of 05:00 GMT Market Recap Anyone in the market knows the saying “buy the rumor, sell the fact.” It means the quick money goes…
![JPY & USD Up, EUR Down; Quiet Day Ahead](https://blog.bdswiss.com/wp-content/uploads/2021/10/COVID-19-17-312x198.jpg)
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…
![Dinner table inflation](https://blog.bdswiss.com/wp-content/uploads/2021/10/Weekly-Outlook-3-312x198.jpg)
We’ve heard a lot about inflation. Next Thursday is Thanksgiving Day in the US, the biggest national holiday, when much of the country gathers together and…
![EUR Up, JPY Down; Canadian Retail Sales](https://blog.bdswiss.com/wp-content/uploads/2021/10/Bank-of-Canada-4-312x198.jpg)
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…
![GBP Up On Inflation, CAD Lower On Oil; Initial Jobless Claims, UK Retail Sales](https://blog.bdswiss.com/wp-content/uploads/2021/10/Daily-Market-Analysis-3-312x198.jpg)
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%…
![USD Up on Good Retail Sales, GBP Up on Employment Data; Canada CPI](https://blog.bdswiss.com/wp-content/uploads/2021/10/Photos-of-houses-for-sale-08-312x198.jpg)
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…