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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 109.01 | EURUSD 1.13772 | AUDUSD 0.73246 | NZDUSD 0.68228 | USDCAD 1.28463 | USDCHF 0.97052 | GBPUSD 1.44521 | 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 1.13799 | 1.13665 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 109.134 | 108.708 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.44582 | 1.44240 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.73233 | 0.72863 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.97145 […]
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Fed Speak Versus Market Expectation
The key takeaway at the moment, is the battle between the market’s dovish Fed timeline expectations and ongoing comments from Fed officials suggesting the market may be missing the mark with these expectations. Perhaps today’s round of US data featuring retail sales, PPI and Michigan confidence will shed further light on the matter. Wake-Up Call […]