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Plunge or Plunge Protection?
So many reasons for this latest recovery in the Buck, with technical overextension, safe haven demand, hawkish Fed comments and pre-NFP position squaring perhaps at the top of the list. And yet, it seems every time the market is spooked into risk off trade and safe haven Dollar buying, plunge protection forces dash in to […]
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 106.602 | EURUSD 1.14963 | AUDUSD 0.74841 | NZDUSD 0.69128 | USDCAD 1.27237 | USDCHF 0.95446 | GBPUSD 1.45353 | LMAX Highs and Lows 5am GMT 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 1.15090 | 1.14763 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 107.487 | 106.523 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.45527 | 1.45198 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.75100 | 0.74674 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.95702 […]