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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 117.715 | EURUSD 1.24673 | EURJPY 146.756 | AUDUSD 0.85456 | NZDUSD 0.78698 | USDCAD 1.13324 | EURCHF 1.20196 | USDCHF 0.9641 | GBPUSD 1.57359 | EURGBP 0.79227 |  Interbank Ranges as of 6am London time Highs   Lows USD/JPY              118.34 | 117.74 EUR/USD            1.2468 | 1.2445 EUR/JPY              147.30 […]
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Oil Collapse Intensifies Global Deflation Risk
The big story in markets, in this lightened Friday trade, is the collapse in the price of oil to fresh 4-year lows. Broadly speaking, the dramatic oil price declines are further contributing to global deflation risk, opening a more pronounced divergen…