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ECB Preview – A Tricky One
The Euro has barely made a peep over the past week and this is only adding to the tension and anticipation into today’s ECB decision. The market will be looking for taper details but the central bank may be worried about the strength of the Euro.
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 109.233 | EURUSD 1.19173 | AUDUSD 0.80004 | NZDUSD 0.71912 | USDCAD 1.2227 | USDCHF 0.95656 | GBPUSD 1.30425 | 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 1.19293 | 1.1903 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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Not Much Movement, But Plenty Going On
Although we didn’t see much movement on Wednesday, there were things going on that could factor in going forward. News of the 3-month debt ceiling extension was one of those things, with the Buck getting minor relief from the headline. Focus now shifts…