17th March 2016 - LMAX Group Opinions

US Dollar Bloodbath Intensifies

The post FOMC US Dollar bloodbath continued, with the Buck once again getting hit across the board, extending declines to fresh 2016 lows against many currencies. The Yen was a big gainer clearing major barriers, while the Pound was resurrected after a more neutral, less dovish BOE decision. Audio update Tags #FX $USDJPY $GBPUSD

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Daily FX Market Commentary

Good morning, LMAX Close USDJPY 112.569 | EURUSD 1.12243 | AUDUSD 0.75521 | NZDUSD 0.65937 | USDCAD 1.30977 | USDCHF 0.97687 | GBPUSD 1.4261 | LMAX Highs and Lows 6am Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â High | Low EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â 1.12292 | 1.12049 USDJPY Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 112.958 | 111.938 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.42909 | 1.42291 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.76196 | 0.75345 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â 0.97919 […]

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Fed Scales Back, SNB and BOE in Focus

The Fed is finally behind us and the focus shifts to today’s central bank event risk in the form of the SNB and BOE policy decisions. Currencies are bid across the board in the aftermath of the more dovish FOMC, after the central bank officially scaled back rate hike expectations. Wake-Up Call Technical highlights EURUSD Latest […]

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