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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 124.504 | EURUSD 1.12918 | AUDUSD 0.77016 | NZDUSD 0.71428 | USDCAD 1.24102 | USDCHF 0.92732 | GBPUSD 1.53492 |  Interbank Ranges as of 6am London time Highs   Lows USD/JPY              124.74 | 124.39 EUR/USD            1.1343 | 1.1273 EUR/JPY              141.025 | 140.53 AUD/USD           0.7723 | 0.7679 NZD/USD            0.7144 | […]
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FX Traders Struggle To Reconcile Price Action
You know there really isn’t much going on when President Obama comments are sourced as a primary driver of price action. The reality is, the market is caught in choppy consolidation and a light economic calendar is forcing participants to reach for a…