2nd May 2016 - LMAX Group Opinions

US Dollar Still Struggling, RBA Ahead

Overall, Eurozone manufacturing PMIs were solid, while US ISM manufacturing was softer. These were the key releases on Monday and the resulting price action saw the Euro getting a good deal of the attention. The single currency pushed to yet another 2016 high against the Buck, while also taking out the key 1.1500 barrier. RBA […]

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Daily FX Market Commentary

Good morning, LMAX Close Wellington open USDJPY 106.356 106.28-33 | EURUSD 1.14503 1.1445-48 | AUDUSD 0.76065 0.7598-0.7603 | NZDUSD 0.69802 0.6971-84 | USDCAD 1.25511 1.2548-82 | USDCHF 0.95937 0.9593-0.9603 | GBPUSD 1.46114 1.4594-98 | Â LMAX Ranges 6am London time HighsÂ Â Â Lows EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.14817 | 1.14537 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 106.723 | 106.146 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.46230 | 1.45790 […]

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US Dollar Could Make Comeback in May

Although the US Dollar is coming off a bad performance in the month of April, things could be looking up for the Buck in May. Historically, May has been a better month for the US Dollar. Scanning across the major markets, it appears no critical USD levels have been broken just yet, offering additional support […]

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