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US Jobs Preview – Was Last Month a Blip?
It’s NFP day and the market will be paying added attention to the monthly employment report this time round. There are a couple of reasons why today’s report takes on adding meaning, which ultimately could have a major impact on Friday volatility. List…
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 112.467 | EURUSD 1.09841 | AUDUSD 0.74092 | NZDUSD 0.68558 | USDCAD 1.37505 | USDCHF 0.98632 | GBPUSD 1.29243 | 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 1.09900 | 1.09732 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 112.656 | 112.152 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.29267 | 1.29006 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.98704 | 0.98594 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.74153 […]
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The Storm Before the Storm
On any other US jobs report day, one might expect a healthy consolidation as market participants position into the risk. But not so on this Friday, with so many crosswinds in the mix. It should be a wild one, with the US jobs report having plenty of vo…