3rd July 2017 - LMAX Group Opinions

US Dollar Finally Fights Back

The Buck finally reasserted itself on Monday, pushing higher across the board following a period of extended declines. The move happened in a lighter, thinner market, with many in the US already off the desks, celebrating an extended July 4th long holi…

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Daily FX Market Commentary

Good morning, LMAX Close USDJPY 112.405 | EURUSD 1.14232 | AUDUSD 0.76887 | NZDUSD 0.73342 | USDCAD 1.2966 | USDCHF 0.95841 | GBPUSD 1.30275 | Â LMAX Ranges 6am London time HighsÂ Â Â Lows EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.14270 | 1.14038 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 112.574 | 112.20 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.30246 | 1.29951 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.76953 | 0.76676 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.95997 | 0.95858 USDCADÂ Â Â Â Â Â Â Â Â Â Â Â Â Â […]

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US Holiday Makes for Thinner Trade

We come into the new week with the Buck under pressure against the developed currencies on the back of the combination of deeper concern over the outlook for the US economy, ongoing turbulence within the US administration and a burst of hawkishness fro…

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