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Daily FX Market Commentary
Good morning, LMAX Close Wellington open USDJPY 118.923 118.80-85 | EURUSD 1.08059 1.0819-24 | AUDUSD 0.77828 0.7828-33 | NZDUSD 0.76839 0.7718-23 | USDCAD 1.22419 1.2220-30 | USDCHF 0.95224 0.9515-25 | GBPUSD 1.49639 1.4955-60 |  Interbank Ranges as of 6am London time Highs   Lows USD/JPY              119.04 | 118.69 EUR/USD            1.0825 | 1.07685 EUR/JPY              128.80 | […]
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How Much Longer Will This USD Correction Last?
We enter the new week with the US Dollar having been sold across the board. While technical correction has been sourced as a driver for the price action, on the fundamental front, a softer run of US data and expectation Fed tightening has been discount…