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Daily FX Market Commentary
Good morning, LMAX Close Wellington open USDJPY 119.971 119.80-90 | EURUSD 1.12995 1.1285-95 | AUDUSD 0.71879 0.7185-95 | NZDUSD 0.6403 0.6400-05 | USDCAD 1.32233 1.3220-30 | USDCHF 0.96863 0.9645-55 | GBPUSD 1.55289 1.5520-30 |  Interbank Ranges as of 6am London time Highs   Lows USD/JPY              120.27 | 119.7 EUR/USD            1.1322 | 1.1266 EUR/JPY              135.61 […]
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Risk Off Flow Carries Over Into New Week
It hasn’t been the best recipe for sentiment post last week’s dovish Fed rate decision. While the Fed dovishness leant itself to some initial currency buying, the gains haven’t been sustainable on account of offsetting concern over the outlook fo…