-
Sterling Pounded – How Much Lower?
Technically, Monday’s Cable break to a fresh 7 year low below the previous 1.4080 low from January was a significant development, as it confirmed a lower top at the 1.4668 February high and opened the door for this next major downside extension. So whe…
-
Plenty of Volatility Despite Quiet Calendar
There hasn’t been a lot of economic data out this week, and yet, this hasn’t done anything to stop markets from moving. Broader themes have been dominating trade, with Brexit risk, fear of exhausted monetary policy and pullbacks in OIL dictating flow.
… -
Daily FX Market Commentary
Good morning, LMAX Close USDJPY 112.106 | EURUSD 1.10193 | AUDUSD 0.72028 | NZDUSD 0.66613 | USDCAD 1.37946 | USDCHF 0.99134 | GBPUSD 1.40214 | LMAX Highs and Lows 6am                                High | Low EURUSD              1.10270 | 1.09998 USDJPY                112.116 | 111.639 GBPUSD              1.40288 | 1.39640 AUDUSD             0.72108 | 0.71667 USDCHF              0.99103 | […]