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…
Browsing: US producer price index (PPI)
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Oil Up as OPEC+ Stands Ready to “Make Immediate Adjustments”; US Nonfarm Payrolls
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JPY Up, Commodity Currencies Down in “Risk-Off” Move; OPEC+, US Jobless Claims
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…
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JPY Up, CAD Down on New Virus Variant; German CPI, Japan Unemployment
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…
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USD Up on Jobless Claims, PCE, CAD Up With Oil; light schedule today
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.”…
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Oil Falls After SPR Release Disappoints; US PCE Deflators, Jobless Claims
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…