23rd October 2017 - LMAX Group Opinions

Quiet Start to Busy Week Ahead

Some very tight ranges to start the week, with the more actively traded currencies not really going anywhere and looking settle within 0.3% of daily opening levels. Looking ahead, Tuesday is another light one on the economic calendar.
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Daily FX Market Commentary

Good morning, LMAX Close USDJPY 113.524 | EURUSD 1.17792 | AUDUSD 0.7816 | NZDUSD 0.69634 | USDCAD 1.26266 | USDCHF 0.98445 | GBPUSD 1.31892 | Â LMAX Ranges 6am London time HighsÂ Â Â Lows EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.17743 | 1.17514 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 114.098 | 113.67 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.32045 | 1.31694 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.78267 | 0.78021 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.98640 | 0.98394 USDCADÂ Â Â Â Â Â Â Â Â Â Â Â Â Â […]

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Plenty of Distraction to Offset Light Calendar

The economic calendar is quite thin at the start of the week, though the market will have other distractions in the interim. Things have been heating up in Spain, with the PM looking to invoke Article 55, while in the US, the President could soon annou…

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