13th June 2016 - LMAX Group Opinions

Lots of Shake, Minimum Bake

Monday’s quiet economic calendar had most markets keeping relatively close to daily opening levels, despite some intraday volatility. The Pound was the most active, breaking down to multi-day lows just shy of 1.4100, before sharply reversing course. Ke…

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Daily FX Market Commentary

Good morning, LMAX Close USDJPY 106.937 | EURUSD 1.1251 | AUDUSD 0.7376 | NZDUSD 0.70578 | USDCAD 1.27772 | USDCHF 0.96438 | GBPUSD1.42571 | Â LMAX Ranges 6am London time HighsÂ Â Â Lows EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.12600 | 1.12323 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 106.883 | 105.865 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.42699 | 1.41586 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.96575 | 0.96388 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.73856 | 0.73590 USDCADÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.28112 […]

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Hanging On A Thread

The fact that Monday’s economic calendar is exceptionally thin isn’t all that relevant to a market already on the move in the early week. There has been a notable deterioration in risk sentiment over the past several days, with the US Dollar, Yen and S…

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