6th February 2017 - LMAX Group Opinions

Not the Monday Traders Expected

There were a lot of things ignored in Monday trade. The most surprising was the market’s ability to forget about the softer US hourly earnings in last Friday’s US jobs report, which should have had the US Dollar under more pressure. Meanwhile, Ge…

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Daily FX Market Commentary

Good morning, LMAX Close USDJPY 112.585 | EURUSD 1.07865 | AUDUSD 0.76834 | NZDUSD 0.73155 | USDCAD 1.30242 | USDCHF 0.99272 | GBPUSD 1.24846 | Â LMAX Ranges 6am London time HighsÂ Â Â Lows EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.07886 | 1.07732 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 112.701 | 112.230 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.24990 | 1.2477 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.76808 | 0.76588 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.99248 | 0.99165 USDCADÂ Â Â Â Â Â Â Â Â Â Â Â Â Â […]

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US Jobs Report Warns of More USD Weakness

The market hasn’t been doing much in the way of moving following Friday’s US employment report, but what little movement we have seen suggests the US Dollar could come under more pressure in the sessions ahead. While NFPs were strong, the s…

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