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Daily FX Market Commentary
Good morning, LMAX Close Wellington open USDJPY 123.807 123.65-85 | EURUSD 1.09788 1.0965-74 | AUDUSD 0.72837 0.7261-90 | NZDUSD 0.65771 0.6556-97 | USDCAD 1.30465 1.3035-59 | USDCHF 0.96254 0.9587-0.9638 | GBPUSD 1.55149 1.5479-1.5523 |  Interbank Ranges as of 6am London time Highs   Lows USD/JPY              123.84 | 123.43 EUR/USD            1.1015 | 1.0969 EUR/JPY              136.00 […]
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Markets Position Ahead Of Key Data, Event Risk
We enter the new week with the US Dollar relenting a bit, following a period of healthy demand. Yet there hasn’t been much to dissuade participants from the long Dollar trade, and it seems the price action is more a function of profit taking ahead of…