13th February 2017 - LMAX Group Opinions

Euro Takes Out Stops Below 1.0600

The day started out quietly, though volatility picked up into the North American session. The Euro turned heads after taking out stops below 1.0600 to warn of the possibility of a more significant bearish resumption exposing a retest of the 14 year low…

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Daily FX Market Commentary

Good morning, LMAX Close USDJPY 113.229 | EURUSD 1.06409 | AUDUSD 0.76762 | NZDUSD 0.7202 | USDCAD 1.30854 | USDCHF 1.0025 | GBPUSD 1.24874 | Â LMAX Ranges 6am London time HighsÂ Â Â Lows EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.06354 | 1.06121 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 114.167 | 113.513 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.25021 | 1.24797 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.76783 | 0.76586 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.00517 | 1.00315 USDCADÂ Â Â Â Â Â Â Â Â Â Â Â Â Â […]

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Bigger Themes in Focus on Quiet Monday

The Trump reflation trade is making a comeback after the President pledged a phenomenal tax plan and this has been the primary focus into the new week. The US Dollar has benefited from this flow, with the Yen taking the biggest hit, helped along by a l…

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