2nd February 2016 - LMAX Group Opinions

Canâ€™t Catch A Bid

The market is having a hard time shaking risk off trade in 2016, perhaps on the fear that central bank accommodation gestures won’t be as helpful this time round given how extended central banks already are. Although we had seen stabilisation into Janu…

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Choppy, Directionless Trade into Tuesday

Plenty of choppy trade into Tuesday. It seems the major currencies are focused more on the latest disappointing round of US ISM manufacturing data and dovish Fed Fischer comments, while risk correlated FX is battling the threat of deterioration in sent…

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Daily FX Market Commentary

Good morning, LMAX Close USDJPY 120.99 | EURUSD 1.0888 | AUDUSD 0.71141 | NZDUSD 0.65027 | USDCAD 1.39475 | USDCHF 1.01982 | GBPUSD 1.44341 | Â Interbank Ranges as of 6am London time HighsÂ Â Â Lows USD/JPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 121.04 | 120.355 EUR/USDÂ Â Â Â Â Â Â Â Â Â Â Â 1.0920 | 1.0883 EUR/JPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 131.85 | 131.37 AUD/USDÂ Â Â Â Â Â Â Â Â Â Â 0.7130 | 0.7068 NZD/USDÂ Â Â Â Â Â Â Â Â Â Â Â 0.6556 | […]

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