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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 108.812 | EURUSD 1.1913 | AUDUSD 0.79959 | NZDUSD 0.72502 | USDCAD 1.23738 | USDCHF 0.9553 | GBPUSD 1.30323 | 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 1.19248 | 1.19030 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 108.803 | 108.511 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.30446 | 1.30283 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.95590 | 0.95334 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.80209 […]
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US Dollar Breaks from Traditional Correlation
Risk sentiment continues to deteriorate, with geopolitical tension escalating as North Korea provocations persist. This has been no help to a US Dollar that is a traditional beneficiary of safe haven demand, with the market reluctant to be holding USDs…