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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 109.203 | EURUSD 1.26127 | EURJPY 137.736 | AUDUSD 0.88343 | NZDUSD 0.78414 | USDCAD 1.11876 | EURCHF 1.20573 | USDCHF 0.95597 | GBPUSD 1.60025 | EURGBP 0.78821 |  Interbank Ranges as of 6am London time Highs   Lows USD/JPY              111.02 | 109.175 EUR/USD          1.26175 | 1.2564 […]
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Yen Collapses After BOJ Drops Bombshell
Markets are in a tizzy on Friday after the Bank of Japan came out with a shock. In a narrow 5-4 vote, the central bank announced it would ease policy further and expand its monetary base.  This has sent USDJPY racing to fresh 6 year highs into the 1…