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ECB Preview – Three Scenarios
The ECB decision is due in just a bit in this will be the primary focus in Thursday trade. While there is no change expected to monetary policy, the market will be anxious to see which way the central bank leans, particularly at a time when the Fed cou…
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 103.443 | EURUSD 1.09738 | AUDUSD 0.77225 | NZDUSD 0.72256 | USDCAD 1.31136 | USDCHF 0.98908 | GBPUSD 1.22866 | 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 1.09808 | 1.09615 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 103.670 | 103.340 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.22988 | 1.22766 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.99007 | 0.98680 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.77350 […]
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Euro at Critical Inflection Point on ECB Day
The Euro has finally traded down to a critical inflection point as it sits just off the post Brexit vote extreme low of 1.0910. And all of this is happening on ECB decision day, an event that easily has the ability to inspire the type of volatility tha…