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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 112.611 | EURUSD 1.07132 | AUDUSD 0.75671 | NZDUSD 0.71937 | USDCAD 1.30417 | USDCHF 1.00163 | GBPUSD 1.24148 | 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 1.07170 | 1.06812 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 113.378 | 112.55 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.24176 | 1.23270 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.00432 | 1.00126 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.75648 […]
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Why It’s Premature to Downgrade the US Dollar
The overwhelming source of volatility in the FX market this week has come from the political front, in the form of a Brexit speech that has offered some comfort to the Pound and in the form of a suggested weak US Dollar policy from President elect Trum…