26th June 2017 - LMAX Group Opinions

Soft US Data Headlines Monday Action

The catalyst for Monday volatility came from another round of soft US data, with disappointing durable goods orders standing out. Traders tried to sell the Buck on the news, pushing the view the Fed would ultimately backtrack, but in the end, the Dolla…

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Daily FX Market Commentary

Good morning, LMAX Close USDJPY 111.279 | EURUSD 1.11939 | AUDUSD 0.75675 | NZDUSD 0.72822 | USDCAD 1.32684 | USDCHF 0.96929 | GBPUSD 1.27185 | Â LMAX Ranges 6am London time HighsÂ Â Â Lows EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.12001 | 1.11894 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 111.349 | 111.208 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.27550 | 1.27368 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.75838 | 0.75629 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.97030 | 0.96893 USDCADÂ Â Â Â Â Â Â Â Â Â Â Â Â Â […]

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Not Ready to Take Fed Seriously

We’re coming out of a week where there wasn’t much to chew on, with the market spending most of the time contemplating this month’s Fed decision. The US Dollar has found some bids though gains have been less than impressive when consi…

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