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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 115.762 | EURUSD 1.24756 | EURJPY 144.416 | AUDUSD 0.87196 | NZDUSD 0.7885 | USDCAD 1.13694 | EURCHF 1.20207 | USDCHF 0.96355 | GBPUSD 1.57098 | EURGBP 0.79412 |  Interbank Ranges as of 6am London time Highs   Lows USD/JPY              116.295 | 115.72 EUR/USD            1.2478 | 1.2426 EUR/JPY              144.84 […]
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Continuation Or Correction?
Not as much profit taking on long US Dollar positioning as many would have thought this week, with market participants seemingly unconcerned with any overextension in the Buck. As we head into week end, Sterling and Yen have broken to fresh 2014 lows,…