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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 119.868 | EURUSD 1.11852 | AUDUSD 0.79432 | NZDUSD 0.75654 | USDCAD 1.20683 | USDCHF 0.92655 | GBPUSD 1.51827 |  Interbank Ranges as of 6am London time Highs   Lows USD/JPY              120.05 | 119.82 EUR/USD            1.1243 | 1.1175 EUR/JPY              134.80 | 134.10 AUD/USD           0.7975 | 0.7918 NZD/USD            0.7566 | […]
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A Momentum Driven Market
The recent sell-off in the Buck seems to be more momentum driven than anything else at the moment. Global economic data has not necessarily been supportive of currency gains, while an ongoing Greek saga and upcoming UK election do nothing to help the p…