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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 106.946 | EURUSD 1.27997 | EURJPY 136.891 | AUDUSD 0.87836 | NZDUSD 0.79693 | USDCAD 1.12855 | EURCHF 1.20676 | USDCHF 0.94274 | GBPUSD 1.61636 | EURGBP 0.79192 |  Interbank Ranges as of 6am London time Highs   Lows USD/JPY              107.005 | 106.29 EUR/USD            1.2825 | 1.27885 EUR/JPY              136.89 […]
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Currencies Still Bid Despite Contrasting Fundamentals
The US Dollar remains under pressure and is still correcting lower. However, contrasting fundamentals suggest the move might not have much more in the tank before the Buck reasserts. Although China GDP came in slightly above forecast, the data is still…