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Some of the Old Medicine
It has become ever so clear in early 2016 that the market is not yet willing to stand on its own two feet. The intense risk liquidation flow in January was unquestionably driven off the Fed’s transition to policy normalisation, leaving the global econo…
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Daily FX Market Commentary
Good morning, LMAX Close Wellington open USDJPY 118.778 118.65-67 | EURUSD 1.07982 1.0798-1.0801 | AUDUSD 0.70042 0.7001-05 | NZDUSD 0.64883 0.6471-99 | USDCAD 1.41265 1.4148-53 | USDCHF 1.0162 1.0153-68 | GBPUSD 1.42644 1.4272-77 |  Interbank Ranges as of 6am London time Highs   Lows USD/JPY              118.855 | 118.43 EUR/USD            1.0816 | 1.0789 EUR/JPY              128.495 […]