15th May 2017 - LMAX Group Opinions

US Dollar Slips and Slides

All of those impressive USD gains in the previous week already started to melt away on Friday following the softer US data and dovish Fed Evans comments. This set the stage for Monday, with the Dollar slide extending. Looking ahead, Tuesday’s cal…

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Daily FX Market Commentary

Good morning, LMAX Close USDJPY 113.35 | EURUSD 1.09323 | AUDUSD 0.73876 | NZDUSD 0.6858 | USDCAD 1.37126 | USDCHF 1.0011 | GBPUSD 1.28867 | Â LMAX Ranges 6am London time HighsÂ Â Â Lows EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.09336 | 1.09227 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 113.453 | 113.207 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.29104 | 1.28818 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.74034 | 0.73857 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.00196 | 1.00082 USDCADÂ Â Â Â Â Â Â Â Â Â Â Â Â Â […]

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Where to from Here?

The US Dollar enjoyed a decent run in the previous week but was unable to close out strong, following Friday’s softer run of US data including CPI and retail sales. But even still, at this stage, it looks like the Fed remains on course to hike in June,…

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