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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 113.169 | EURUSD 114.116 | AUDUSD 0.76784 | NZDUSD 0.72676 | USDCAD 1.27509 | USDCHF 0.96537 | GBPUSD 1.28847 | 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 1.14392 | 1.14133 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 113.528 | 112.862 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.29062 |1.28905 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.96511 | 0.96337 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.76980 | […]
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Yellen Has No Love for US Dollar
And just like that, so many of those hawkish Fed expectations that have been built up since the Fed’s June meeting have been wiped out in a flash on a couple of comments from the Fed Chair in her Wednesday testimony. The US Dollar could come under more…