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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 123.107 | EURUSD 1.05646 | AUDUSD 0.72274 | NZDUSD 0.65772 | USDCAD 1.33609 | USDCHF 1.02895 | GBPUSD 1.50562 |  Interbank Ranges as of 6am London time Highs   Lows USD/JPY              123.275 | 122.645 EUR/USD            1.0597 | 1.0564 EUR/JPY              130.29 | 129.77 AUD/USD           0.7284 | 0.7222 NZD/USD            0.6647 | […]
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Profit Taking on USD Longs Ahead of Event Risk
The first major central bank rate decision of the week went off more or less as expected, with the RBA leaving rates on hold at 2.00%. Overall, the US Dollar has come under mild pressure on what appears to be a mild round of profit taking, as participa…