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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 119.033 | EURUSD 1.11281 | AUDUSD 0.80091 | NZDUSD 0.7703 | USDCAD 1.20168 | USDCHF 0.93942 | GBPUSD 1.54379 |  Interbank Ranges as of 6am London time Highs   Lows USD/JPY              119.18 | 118.54 EUR/USD            1.1129 | 1.1102 EUR/JPY              132.51 | 131.67 AUD/USD           0.8022 | 0.7981 NZD/USD            0.7680 | […]
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Fed Surprises, Doesn’t Bend To Market Pressure
All of the weakness in US data over the past several weeks, culminating with a horrid GDP print Wednesday, had been driving the Buck lower and lower, with market participants re-pricing Fed liftoff expectations. However, the market may have gotten a li…