16th May 2016 - LMAX Group Opinions

A Slow Grind

A very slow grind on Monday and it almost felt as though we were warped into summer doldrums mode. The most interesting development was the fresh upside in the price of OIL to its highest levels since November 2015. Looking ahead, UK and US CPI are the key standouts in Tuesday trade. Audio update Tags #FX […]

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Daily FX Market Commentary

Good morning, LMAX Close Wellington open USDJPY 108.648 108.53-60 | EURUSD 1.13077 1.1300-20 | AUDUSD 0.72682 0.7250-60 | NZDUSD 0.67665 0.6760-75 | USDCAD 1.29372 1.2910-40 | USDCHF 0.9756 0.7540-60 | GBPUSD 1.43608 1.4340-65 | Â LMAX Ranges 6am London time HighsÂ Â Â Lows EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.13197 | 1.13021 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 108.986 | 108.468 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.43704 | 1.43453 […]

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Reconsidering the Fedâ€™s Timeline

Markets are expected to trade a little lighter on Monday, with France, Germany and Switzerland all off on holiday. Overall, the US Dollar has been looking increasingly attractive following a wave of more hawkish Fed speak, backed up by solid US economic data. Wake-Up Call Technical highlights EURUSD Approaching key support GBPUSD Pressure on downside USDJPY Downtrend firmly […]

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