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…
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 Anyone in the market knows the saying “buy the rumor, sell the fact.” It means the quick money goes…
This week isn’t much for economic indicators, but there are a lot of market-moving events. Politics will be at the fore, with the Canadian federal elections…
The second week of the month usually has relatively few indicators. The main feature is the US consumer price index (CPI), as well as the UK…
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…
The Bank of England is not likely to make any policy changes at its meeting this week. The focus then will be on any changes in…
