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RBA Preview
The RBA is due to decide on policy early Tuesday and by most accounts, the central bank will go ahead and cut rates another 25 basis points to a record low 2.00%. Interestingly enough, it’s actually somewhat surprising there are any calling for a…
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Daily FX Market Commentary
Good morning, LMAX Close Wellington open USDJPY 120.19 120.10-25 | EURUSD 1.11974 1.1190-20 | AUDUSD 0.7849 0.7840-55 | NZDUSD 0.75407 0.7537-47 | USDCAD 1.21593 1.2152-65 | USDCHF 0.93277 0.9300-80 | GBPUSD 1.51374 1.5140-55 |  Interbank Ranges as of 6am London time Highs   Lows USD/JPY              120.25 | 120.00 EUR/USD            1.1200 | 1.1177 EUR/JPY              134.63 | […]
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Markets Looking Ahead In Light Monday Trade
UK markets are closed for holiday and trading conditions will be thinner as a result. We enter the week with the Buck trying to reassert following some intense selling over the past few of weeks. A light Monday calendar leaves participants looking ahea…