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History on Lira’s Side
The Turkish Lira has been in a freefall to record lows against the US Dollar, down about 20% in 2016 and already down as much as another 10% in January 2017. But as much as it looks like all hope has been lost on the Lira, the outlook going forward may…
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 115.406 | EURUSD 1.05825 | AUDUSD 0.74416 | NZDUSD 0.70423 | USDCAD 1.31778 | USDCHF 1.01402 | GBPUSD 1.22127 | 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 1.06144 | 1.05719 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 115.533 | 114.344 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.22195 | 1.21684 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.01489 | 1.01194 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.74722 […]
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ECB Minutes and Fed Speak
Into Thursday, we have many Dollar bulls reassessing the Trump trade after the President-elect failed to make any mention of taxes, deregulation or fiscal stimulus at his press conference, clearly a worry to those who have priced in a lot of their Doll…