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Daily FX Market Commentary
Good morning, LMAX Close Wellington open USDJPY 112.336 112.42-45 | EURUSD 1.25232 1.2515-20 | EURJPY 140.684 140.30-81 | AUDUSD 0.87969 0.8740-45 | NZDUSD 0.77934 0.7756-60 | USDCAD 1.12661 1.1256-1.1274 | EURCHF 1.20559 1.2055-63 | USDCHF 0.96262 0.9602-48 | GBPUSD 1.59945 1.5970-1.6000 | EURGBP 0.78283 0.7820-44 |  Interbank Ranges as of 6am London time Highs   […]
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Global Deflation Fears Fuel US Dollar Bids
Friday’s surprise move from the Bank of Japan has intensified fears of global deflation and the risk of further aggressive monetary easing from other central banks. The resulting price action has produced a bullish US Dollar reaction on favoura…