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FOMC Preview – Avoiding the Shocks
Now that monetary policy tools have been exhausted around the globe, defences are down and immune systems are weak. The number one priority for the financial markets is to tread as carefully as possible and avoid the shocks.
Audio updatehttps://lemea…
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 104.154 | EURUSD 1.10554 | AUDUSD 0.76523 | NZDUSD 0.71568 | USDCAD 1.33891 | USDCHF 0.97538 | GBPUSD 1.22431 | LMAX Highs and Lows 6am 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 1.10752 | 1.10493 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 104.180 | 103.623 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.22544 | 1.22211 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.97559 | 0.97271 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.76607 […]
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Fed, Politics and Risk
The Fed has insisted that politics aren’t a factor in its decision making process, though all of this is going to get more than sticky if the latest poll is indicative of the election result. Risk has come off in a big way and the market will now look …