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ECB Decision Thoughts
Today’s ECB decision was already the highlight event on the calendar before the week got going, but has attracted even more attention in light of the ramped up soft Dollar policy talk and accelerated depreciation in the US Dollar.
Audio updatehttps:/…
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 109.223 | EURUSD 1.24077 | AUDUSD 0.80649 | NZDUSD 0.7407 | USDCAD 1.2346 | USDCHF 0.94554 | GBPUSD 1.42391 | 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 1.24488 | 1.23846 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 109.473 | 108.909 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.43058 | 1.4214 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.94699 | 0.94195 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.81065 […]
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How Will Draghi Respond?
The big focus for Thursday is the ECB meeting, which takes on added importance, given this latest slide in the Dollar, on the back of ramped up US administration soft Dollar policy. German IFO readings, Canada retail sales and US new home sales also ou…