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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 113.382 | EURUSD 1.07339 | AUDUSD 0.77093 | NZDUSD 0.69580 | USDCAD 1.33041 | USDCHF 1.00024 | GBPUSD 1.22905 | 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 1.07462 | 1.07196 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 113.548 | 113.157 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.22974 | 1.22605 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.00119 | 0.99848 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.77172 […]
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A High Bar for US Dollar Bulls
If there was a way for a central bank decision with a rate hike to be dovish the Fed was going to find it and that’s exactly how it played out on Wednesday. While the Fed did indeed raise rates, none of the hawkish speak in the lead up to the event was…