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ECB Decision Preview and Thoughts
The European Central Bank decision is due in just a bit and is likely to be accompanied by some volatility. No change is expected on rates, with most of the reaction to come from new insights or updates relating to the policy outlook going forward. Audio update https://lemeaex2.files.wordpress.com/2018/04/26aprlmaxspecial.mp3 Tags #ECB #Draghi $EURUSD
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A Welcome Reprieve from Protectionism and Trade
Currencies are down against the US Dollar since the weekly open. A lot of this has to do with the market getting back to focusing on the bigger picture theme of monetary policy normalization. Volatility is expected with the ECB policy decision due. Wake-Up Call https://lemeaex2.files.wordpress.com/2018/04/26aprlmaxaudio.mp3 Technical highlights EURUSD Close below 1.2155 shifts GBPUSD Looking […]
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 109.429 | EURUSD 1.21608 | AUDUSD 0.75643 | NZDUSD 0.70655 | USDCAD 1.28444 | USDCHF 0.9832 | GBPUSD 1.39309 | LMAX Highs and Lows 5am 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 1.21816 | 1.21606 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 109.458 | 109.234 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.39500 | 1.39293 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.98343 | 0.98212 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.75799 […]