Oil down over 5% as the volatility swings continue 5 (1)

It’s not entirely uncommon to see 4-5% swings in oil prices these days and today is no exception.Oil is dragged lower to start the new week with concerns creeping in after Shanghai is sent into a nine-day lockdown. Growing concerns about the global economy is also adding to that but again, the v

Go to Forexlive

BOE’s Bailey: We are starting to see evidence of a growth slowdown 5 (1)

There are risks in both directions for the outlookVery large trade off between inflation and outputAppropriate to tighten policy in these circumstancesBut there are risks on both sides to inflationThe change in language on rates outlook reflected the level of uncertainty, risksIn case you were wonde

Go to Forexlive

FX option expiries for 28 March 10am New York cut 0 (0)

There isn’t anything significant on the board for today but considering the action in USD/JPY, it is interesting to take note of the lack of meaningful expiries around current spot levels.That perhaps is also helping to exacerbate the sizable moves as price hits the 125.00 level today. And there

Go to Forexlive

Russia says there have been no substantial breakthrough in talks with Ukraine 5 (1)

Talks will be held in Turkey this week but unlikely to begin todayTalks may start tomorrowThere have been no substantial achievement, breakthroughs in the talksThere is no progress when it comes to the idea of a potential Putin-Zelensky meetingWell, that has been evident over the past few weeks and

Go to Forexlive