16th October 2017 - LMAX Group Opinions

Weekend Yellen Comments Slow USD Declines

There wasn’t much action in Monday trade, with the market mostly consolidating around Friday’s closing levels. On net, the US Dollar came out ahead, with weekend comments from Fed Chair Yellen offsetting USD setbacks from Friday’s softer data.
Audio up…

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Daily FX Market Commentary

Good morning, LMAX Close USDJPY 111.851 | EURUSD 1.18207 | AUDUSD 0.78896 | NZDUSD 0.71752 | USDCAD 1.24673 | USDCHF 0.97461 | GBPUSD 1.32859 | Â LMAX Ranges 6am London time HighsÂ Â Â Lows EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.18799 | 1.18585 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 112.506 | 112.262 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.32657 | 1.32235 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.78240 | 0.77905 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.97360 | 0.97146 USDCADÂ Â Â Â Â Â Â Â Â Â Â Â Â Â […]

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Political Headwinds and Geopolitical Tension

We’re off to a slow start this week. The economic calendar on Monday is thin and the market will probably spend more time thinking about all of the political headwinds and geopolitical risks at the moment.
Wake-Up Call

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