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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 112.506 | EURUSD 1.20142 | AUDUSD 0.78346 | NZDUSD 0.71061 | USDCAD 1.25364 | USDCHF 0.97698 | GBPUSD 1.35166 | 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 1.20230 | 1.20045 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 112.780 | 112.470 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.35237 | 1.35057 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.97807 | 0.97649 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.78420 […]
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US Dollar Recovers….But Not Much
There haven’t been too many sessions of US Dollar strength of late, and yet, that’s what we got on Wednesday. However, the rally in the Buck was more a function of profit taking than anything else, with shorter term accounts looking to square up ahead …