-
Daily FX Market Commentary
Good morning, LMAX Close USDJPY 113.051 | EURUSD 1.17694 | AUDUSD 0.75876 | NZDUSD 0.68538 | USDCAD 1.27569 | USDCHF 0.99414 | GBPUSD 1.31936 | LMAX Highs and Lows 6am 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 1.18219 | 1.17656 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 113.146 | 112.393 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.32441 | 1.31902 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.99427 | 0.99031 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.76083 […]
-
Basiphobia!
Overall, the story this week has been about the separation between major and commodity bloc FX. A lot of this could be warning of distress in markets, though this distress will ultimately only manifest when the US equity market overcomes its Basiphobia…