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A Gross Miscalculation
There has been an ongoing conversation about the relationship between investors and Fed policy. Specifically, is it the market that dictates what the Fed will do, or does the Fed act independently, adjusting monetary policy as needed, based on the health of the US economy? UK retail sales, US jobless claims and Fed speak ahead. […]
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 110.196 | EURUSD 1.1216 | AUDUSD 0.72296 | NZDUSD 0.67421 | USDCAD 1.30325 | USDCHF 0.98777 | GBPUSD 1.45986 | 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 1.12294 | 1.12113 USDJPY Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 110.280 | 109.929 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.46054 | 1.45650 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.72416 | 0.71994 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â […]