8th January 2018 - LMAX Group Opinions

Messy Monday Trade

Not a lot of economic data to take in at the start of the week, and although there weren’t any major moves, there didn’t seem to be any fluidity or coherence to the price action either. German trade and Eurozone unemployment data due Tuesday.
Audio upd…

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Daily FX Market Commentary

Good morning, LMAX Close USDJPY 113.041 | EURUSD 1.20296 | AUDUSD 0.78625 | NZDUSD 0.71677 | USDCAD 1.24136 | USDCHF 0.97467 | GBPUSD 1.35663 | Â LMAX Ranges 6am London time HighsÂ Â Â Lows EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.20524 | 1.2012 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 113.275 | 113.014 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.35859 | 1.35522 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.78727 | 0.78356 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.97629 | 0.97369 USDCADÂ Â Â Â Â Â Â Â Â Â Â Â Â Â […]

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US Dollar Exposed to Deeper Drop

There wasn’t anything for the US Dollar to feel good about this past Friday, with the economic data disappointing, highlighted by another soft reading in the hourly earnings component of the jobs report. This could open more USD setbacks in the days ah…

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