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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 120.127 | EURUSD 1.11474 | AUDUSD 0.7838 | NZDUSD 0.7531 | USDCAD 1.2093 | USDCHF 0.93338 | GBPUSD 1.51207 |  Interbank Ranges as of 6am London time Highs   Lows USD/JPY              120.20 | 120.09 EUR/USD            1.1151 | 1.1124 EUR/JPY              133.96 | 133.615 AUD/USD           0.7910 | 0.7787 NZD/USD            0.7555 | […]
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RBA Cuts To Record Low, UK and US Data Ahead
As was widely expected, the RBA cut rates by 25 basis points to a fresh record low 2.00%. Aussie stands out as a relative outperformer on a sell the rumour, buy the fact reaction, though a softer round of pre-RBA data could start to weigh. UK construct…