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US Jobs and Fed Implications
On the first Friday of each month we get the monthly employment report out of the US, and each time, it feels as though this report will be the most important one ever. So what’s so important about today’s report? The result could either solidify or de…
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 108.872 | EURUSD 1.11516 | AUDUSD 0.7229 | NZDUSD 0.68071 | USDCAD 1.3097 | USDCHF 0.99046 | GBPUSD 1.44232 | 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 1.11590 | 1.11421 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 109.131 | 108.493 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.44270 | 1.43999 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.72425 | 0.72184 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.99088 […]
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The Fed Outlook and ‘If Data Permits’
There has been a significant shift in Fed policy timeline expectations over the past four weeks, with the Fed clearly signaling a rate hike in June or July, ‘if data permits.’ And as far as data goes, the monthly employment report out of th…