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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 101.244 | EURUSD 1.1150 | AUDUSD 0.75881 | NZDUSD 0.71518 | USDCAD 1.30664 | USDCHF 0.97319 | GBPUSD 1.33253 | 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 1.11570 | 1.11354 USDJPY Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 101.372 | 100.858 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.33460 | 1.33180 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.76265 | 0.75836 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â […]
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BOE Preview – First Cut Since 2009?
The Pound has enjoyed a nice little recovery out from +30 year post Brexit lows and is now trying to figure out its next move, with today’s Bank of England policy decision having a good chance of forcing the issue. For the most part, it looks as though…
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UK Event Risk Front and Centre
The big focus in Thursday trade will be the Bank of England policy decision. The market has been waiting for a response from the BOE post Brexit and believes it will get something later today in the form of a rate cut at the very minimum.
Wake-Up Call
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