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SNB Shocks Markets, Removes Floor
In a shocking move that will be talked about and examined for many days, months and years to come, the SNB came out earlier and announced the abolishment of its 1.2000 EURCHF floor, resulting in some record breaking FX moves. Instead, the SNB has ventu…
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 117.336 | EURUSD 1.17885 | EURJPY 138.319 | AUDUSD 0.81486 | NZDUSD 0.77351 | USDCAD 1.19505 | EURCHF 1.20095 | USDCHF 1.01879 | GBPUSD 1.52347 | EURGBP 0.77379 |  Interbank Ranges as of 6am London time Highs   Lows USD/JPY              117.85 | 117.14 EUR/USD            1.17925 | 1.1765 EUR/JPY              138.785 […]
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US Dollar Retains Composure Post Retail Sales
A troubling US retail sales print on Wednesday hasn’t done much just yet to shake the confidence of Dollar bulls. Market participants seem to be looking past the data, focused on broader macro themes, still very much supportive of the Dollar. Elsewhe…