21st November 2016 - LMAX Group Opinions

Sterling Shines in Day of Broad Based USD Selling

In a day where the calendar was a non-factor, markets were still able to move, with the general theme one of broad based US Dollar selling. The major beneficiary of this flow was the Pound, which also received a prop on its own merits.
Audio update

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Daily FX Market Commentary

Good morning, LMAX Close USDJPY 110.905 | EURUSD 1.05899 | AUDUSD 0.73349 | NZDUSD 0.70089 | USDCAD 1.35059 | USDCHF 1.01027 | GBPUSD 1.23497 | Â LMAX Ranges 6am London time HighsÂ Â Â Lows EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.06139 | 1.05776 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 111.189 | 110.652 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.23658 | 1.23194 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.01106 | 1.00879 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.73437 | 0.73112 USDCADÂ Â Â Â Â Â Â Â Â Â Â Â Â Â […]

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FX Into Light US Thanksgiving Week

The economic calendar is exceptionally thin this week and volumes will be thinner with the US heading out early for the Thanksgiving Day holiday. We enter the new week with the US Dollar still very much in the driver’s seat.
Wake-Up Call

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