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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 120.561 | EURUSD 1.11904 | AUDUSD 0.71333 | NZDUSD 0.63156 | USDCAD 1.32523 | USDCHF 0.9718 | GBPUSD 1.55078 |  Interbank Ranges as of 6am London time Highs   Lows USD/JPY              120.61 | 120.34 EUR/USD            1.1206 | 1.1183 EUR/JPY              134.91 | 134.74 AUD/USD           0.7148 | 0.7123 NZD/USD            0.6331 | […]
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USD Recovers On Hawkish Rhetoric Post FOMC
Most of the price action in FX over the past 24 hours has been heavily influenced by hawkish comments from Fed Bullard and Lockhart. Bullard has said there is a ‘powerful case’ for the Fed to hike this year, while Lockhart also believes it is appro…