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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 118.457 | EURUSD 1.12378 | EURJPY 133.116 | AUDUSD 0.79233 | NZDUSD 0.74083 | USDCAD 1.24747 | EURCHF 1.01491 | USDCHF 0.90292 | GBPUSD 1.50808 | EURGBP 0.74516 |  Interbank Ranges as of 6am London time Highs   Lows USD/JPY              118.66 | 118.125 EUR/USD            1.1258 | 1.1230 EUR/JPY              133.445 […]
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Currency Correction Underway – But For How Long?
We have finally entered a period of correction in currency markets, with a bout of short-term profit taking on Dollar longs working its way through in the early week. But how long such a correction lasts is very much in question, with the fundamental o…