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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 113.28 | EURUSD 1.13974 | AUDUSD 0.77314 | NZDUSD 0.73232 | USDCAD 1.27225 | USDCHF 0.96723 | GBPUSD 1.29392 | 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 1.14108 | 1.13915 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 113.575 | 113.276 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.29539 | 1.29353 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.96775 | 0.96655 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.77450 […]
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Is the US Dollar Headed for Secular Decline?
We come into Friday with the US Dollar back under pressure and at risk for a significant acceleration to the downside if we get more Fed officials backing up Yellen’s decidedly less hawkish testimony this week, or another round of soft US economic data…