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Jackson Hole Preview
The Jackson Hole symposium has kicked off in 2017 and the market will be looking in to see if it can gather any new insights into the direction of monetary policy. This event has offered such hints in the past, making it a possible volatility generator…
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 109.038 | EURUSD 1.18066 | AUDUSD 0.79036 | NZDUSD 0.72283 | USDCAD 1.25532 | USDCHF 0.96545 | GBPUSD 1.27988 | 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 1.18178 | 1.17945 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 109.249 | 108.85 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.28065 | 1.27783 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.96690 | 0.96497 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.79160 […]
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Still Alive but Fading Prospects for the US Dollar
There has been a strong trend of US Dollar selling in 2017 and while that trend has paused for a breather, there’s no evidence of any change to this outlook right now. If anything, a strong argument can be made for another downside extension in t…