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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 110.705 | EURUSD 1.06633 | AUDUSD 0.7569 | NZDUSD 0.69652 | USDCAD 1.34367 | USDCHF 1.00494 | GBPUSD 1.24834 | LMAX Highs and Lows 5am 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 1.06843 | 1.06627 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 110.578 | 110.296 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.25012 | 1.24757 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.00456 | 1.00273 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.75763 […]
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Bearish US Dollar Outlook in Question
A return of geopolitical risk, solid US employment data as reflected through ADP, and a hawkish Fed Minutes, and yet the USD is only moderately higher into Thursday. The market has been reluctant to hold US Dollars in recent weeks, though the confluenc…