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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 102.822 | EURUSD 1.11242 | AUDUSD 0.74507 | NZDUSD 0.71198 | USDCAD 1.2935 | USDCHF 0.97968 | GBPUSD 1.34285 | 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 1.11273 | 1.10988 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 102.999 | 102.604 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.34678 | 1.33888 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.74729 | 0.74300 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.98070 […]
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Risk On and Red Flags
Reassurances from governments and central banks, talk that a Brexit may never even actually happen and a scaled back Fed rate hike timeline have all been very supportive of risk markets this week. And yet, if we break it down, how encouraging are all t…