Archive for: April, 2020

Weekly Market Update

Post date: 27/04/2020 12:35 Most major currencies moved in relatively tight rice ranges last week, at least by the standards of the past few weeks. The main exceptions were those exposed to oil prices, like the Norwegian Krona and the Mexican and Colombian pesos, which dropped sharply in reaction to the mayhem in the oil market that ended…

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Weekly Market Update

Post date: 20/04/2020 09:41 Currency markets experienced a relatively calm week, which is a welcome change after the Covid-related convulsions of the past two months. G10 currencies ended up within 1% of where they started the week, with the exception of the Norwegian Krona, battered by the selloff in oil prices. The main exceptions were…

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Weekly Market Update

Post date: 14/04/2020 09:10 Financial markets worldwide continued to look past the grim economic news and focus instead on the massive state and central bank interventions that are announced on a weekly basis. Stock markets and risk assets in general continued to rebound last week, as the Federal Reserve announced yet another batch of direct…

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Weekly Market Update

Post date: 06/04/2020 08:54 The spread of the coronavirus and the extreme measures taken to control the pandemic have wrought havoc in financial markets worldwide. In currency markets, the reaction has been a headlong flight into the supposed safety of the US dollar. Every major currency worldwide fell sharply against the greenback, even the Japanese Yen.…

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