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US Jobs – Forget About NFPs
When it comes to US economic data, there’s no bigger release than the monthly employment report. But we’ve reached a point where it’s no longer about the NFPs. The big data component right now is unquestionably the hourly earnings component…
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 111.364 | EURUSD 1.12124 | AUDUSD 0.73753 | NZDUSD 0.70652 | USDCAD 1.35158 | USDCHF 0.97157 | GBPUSD 1.28809 | 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 1.12222 | 1.12123 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 111.676 | 111.313 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.28959 | 1.28715 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.97153 | 0.97071 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.73925 […]
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Why FX Moves Have Been Contained this Week
It’s been a mixed bag for the developed currencies since the weekly open, though the moves have been mild, confined to well within 1% against the US Dollar. A lot of the contained price action could have something to do with the fact that we still have…