29th August 2016 - LMAX Group Opinions

Buck Extends Run on Solid US Data

Markets kicked off with a tame start to the week, though the price action was making sense with the Buck pretty much extending gains across the board, albeit marginally, as a stronger round of US data, this time in the form of core PCE, personal income…

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Daily FX Market Commentary

Good morning, LMAX Close USDJPY 101.818 | EURUSD 1.11956 | AUDUSD 0.75635 | NZDUSD 0.72376 | USDCAD 1.30057 | USDCHF 0.97815 | GBPUSD 1.31327 | Â LMAX Ranges 6am London time HighsÂ Â Â Lows EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.12067 | 1.11800 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 102.285 | 101.833 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.31400 | 1.31102 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.97919 | 0.97741 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.75624 | 0.75246 USDCADÂ Â Â Â Â Â Â Â Â Â Â Â Â Â […]

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USD Rebounds on Fed Speak

Finally an impressive comeback for the US Dollar after the Fed Chair retained a more hawkish tone than the market was expecting, while Fed Fischer added that Yellen’s comments were in line with a potential September hike. Looking ahead, US core PCE is …

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